Whirlpool of India may test Rs 750: Jagannadham Thunuguntla

Jagannadham Thunuguntla, Head of Research at Karvy Stock Broking told CNBC-TV18, "Consumer revolution is almost a guaranteed phenomenon in India and thanks to the Seventh Pay Commission, I am sure that there will be more demand with the consumer discretionary segment. I think there is a clear pattern that probably one can witness maybe starting January.""Whirlpool of India is again a household brand name and a clear beneficiary of the segment and with very healthy margins, zero debt. So Whirlpool is one such name where it can be beneficiary of upcoming things, Rs 750 is a good target," he added.