Consumer Durable

After a stellar market debut, attention now shifts from the hype of listing gains to the harder question about valuations and growth

LG Electronics IPO: Is this the right time to invest in a trusted consumer brand?

Leading player with strong financials available at attractive valuations

Haier India invests additional Rs 1,000 crore to expand Noida AC plant, to begin exports by 2026

Meanwhile, Haier is also evaluating the possibility of setting up a third manufacturing facility in South India. He said that once the Southern India plant is established, it will focus on kitchen appliances and premium products across categories, leveraging logistical advantages.

China's Haier plans 3rd plant in India, targets Rs 11,500-cr revenue next year

Haier is the third-largest in the appliances league in India after LG and Samsung. Globally, India ranks as the third-largest market for Haier Group, following China and the US

Consumer durable stocks to heat up D-Street as summer season picks pace: Analysts

YES Securities analysts foresee Whirlpool India, Symphony, Havells India, and Amber Enterprises to potentially surge by up to 11 percent in the near term

Surge in demand for consumer durables expected as India braces for harsh summer

Forecasts by the India Meteorological Department (IMD) indicate above-normal maximum temperatures from April to June, and heightened heatwave days in various regions across the country, giving major players in the fast-moving consumer goods (FMCG) and consumer durables sectors optimism about a resurgence in sales following last year's subdued performance due to unseasonal rains.

Home appliances maker Haier expects rural demand to revive after general elections

Haier Appliances India, part of the Chinese multinational Haier Group, is investing Rs 800 crore to increase capacity at the Greater Noida plant to serve local and export demand.

Chart of the day: The great Indian wedding opportunity

An All-India traders’ body says the forthcoming wedding season is expected to generate around Rs 4.5 lakh crore of business in less than a month

Festive season set to light up consumer durables; Crompton, Havells among top picks

Experts say the focus on launching new products, coupled with good deals and enhanced distribution, should help brands during the festive season.

3-Point Analysis | Here's how disruption in global supply chains may play out across sectors

Moneycontrol's Sakshi Batra does a 3-Point Analysis to see how the shift in the global supply chain from China to India in the pharma, consumer durables and aquaculture sectors may pan out.

Coronavirus lockdown | Consumer durables' demand enters uncharted territory; recovery to be stretched

Emkay Research has downgraded three stocks from the sector due to risk of delayed recovery and premium valuations.

Slowdown in steel industry raises possibility of earnings downgrades, lower valuations

India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of the expected cut in earnings

'IT and Consumer back in play! Private banks set to outperform in next 6 months'

Apart from IT and Consumer, improvement in liquidity situation could be positive for the BFSI sector, but bond yield could rise because of higher fiscal deficit which will be negative for NBFCs.

TTK Prestige Q2 PAT seen up 16.6% YoY to Rs. 50 cr: HDFC Securities

Net Sales are expected to increase by 13.1 percent Y-o-Y (up 39 percent Q-o-Q) to Rs. 580 crore, according to HDFC Securities.

V-Guard Q2 PAT seen up 10.8% YoY to Rs. 50 cr: HDFC Securities

Net Sales are expected to increase by 12.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 630 crore, according to HDFC Securities.

Crompton Q2 PAT seen up 14.9% YoY to Rs. 80 cr: HDFC Securities

Net Sales are expected to increase by 10.3 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 1,060 crore, according to HDFC Securities.

Voltas Q2 PAT seen up 6.3% YoY to Rs. 100 cr: HDFC Securities

Net Sales are expected to increase by 9.8 percent Y-o-Y (down 47 percent Q-o-Q) to Rs. 1,140 crore, according to HDFC Securities.

Havells Q2 PAT seen up 15.1% YoY to Rs. 200 cr: HDFC Securities

Net Sales are expected to increase by 15.8 percent Y-o-Y (down 20.7 percent Q-o-Q) to Rs. 2,060 crore, according to HDFC Securities.

TTK Prestige Q1 PAT seen up 21.6% YoY to Rs. 30 cr: HDFC

Net Sales are expected to increase by 16.8 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 420 crore, according to HDFC.

V-Guard Q1 PAT seen up 44.5% YoY to Rs. 30 cr: HDFC

Net Sales are expected to increase by 16.3 percent Y-o-Y (down 1.2 percent Q-o-Q) to Rs. 650 crore, according to HDFC.

Symphony Q1 PAT seen up 3.3% YoY to Rs. 20 cr: HDFC

Net Sales are expected to decrease by 2.7 percent Y-o-Y (down 18.7 percent Q-o-Q) to Rs. 130 crore, according to HDFC.

Crompton Q1 PAT seen up 34.9% YoY to Rs. 110 cr: HDFC

Net Sales are expected to increase by 14.3 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 1,210 crore, according to HDFC.

Voltas Q1 PAT seen up 10.2% YoY to Rs. 200 cr: HDFC

Net Sales are expected to increase by 2.2 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 1,990 crore, according to HDFC.

Havells Q1 PAT seen up 73.1% YoY to Rs. 210 cr: HDFC

Net Sales are expected to increase by 37.3 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 2,550 crore, according to HDFC.