Stay updated with breaking news from Electrical Consumer Durables. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Motilal Oswal downgraded FMEG firm Havells India to neutral from buy due to expensive valuations, but still sees a 7% upside to ₹1,780 post Q4FY24 results. Stock surged 41% from 52-week low, showing volatility in 2024 with positive returns in 2 of 4 months.
The company reported a softness in consumer demand during the July-to-September quarter, but it remains optimistic for the upcoming festival season.
Orient Electric shares plunged 6.66% intraday to Rs 252.35 against the previous close of Rs 270.35 on BSE.
Air cooler brands bank on new tech, competitive pricing to beat the unorganised market
Soaring temperatures, innovations, premiumisation driving fan industry growth