Sakshi Batra does a 3-Point Analysis to understand what Q1 may have in store for these companies.
FY19 has been a forgettable year for air conditioner manufacturers as weak summer conditions led to an inventory build-up across trade channels during the year.
To clear the stock, AC manufacturers were forced to offer steep discounts and extend working capital cycles, especially in the winter months (Q3 and Q4).Sakshi Batra does a 3-Point Analysis to understand what Q1 may have in store for these companies.Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.