Moneycontrol
HomeNewsBusinessEarningsIdeas For Profit | Are AC companies a cool investment bet?

Ideas For Profit | Are AC companies a cool investment bet?

Low penetration levels coupled with rising temperatures make a compelling case for long-term investment in the AC sector. Near-term visibility on demand front is limited, but the companies in the sector have sufficient liquidity to withstand the demand disruptions caused by Covid. Overall, valuations in the sector appear quite stretched, they seem to factor in long-term positives.

June 04, 2021 / 21:20 IST
Story continues below Advertisement

Moneycontrol News
first published: Jun 4, 2021 09:20 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!