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Read more about Orient Electric standalone net profit rises 172.65% in the December 2020 quarter on Business Standard. Sales rise 24.74% to Rs 618.34 crore
Shares of consumer durables companies, including electronics products and household appliances, were on a roll at the bourses on Thursday after Havells India reported a strong set of numbers for the quarter ended December 2020 (Q3FY21) on the back of strong festive demand, market share gains and increased penetration in smaller towns. Havells India, Polycab India, V-Guard Industries, Orient Electric, Voltas, Crompton Greaves Consumer Electricals and Whirlpool of India were up between 5 per cent and 10 per cent on the BSE on Thursday. Out of the top 10 gainers from the S&P BSE500 index, six ...
Synopsis Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a rise in MF holdings. Getty Images Mutual funds sold stocks worth some Rs 71,000 crore in the third quarter of the current financial year. NEW DELHI: Mutual funds were seen buying over 1 per cent stake in at least 14 BSE-listed firms during the December quarter, even as they sold stocks worth some Rs 71,000 crore. Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a ...
India Evaporative Air Cooler Market to grow with a CAGR of approximately 12% by the year 2024-2025: Bonafide Research
Stock Tales - Crompton Greaves Consumer Electricals - ICICI Direct Posted On: 2020-12-28 09:22:50 (Time Zone: Arizona, USA) Crompton Greaves Consumer Electricals (CGCEL) is a compelling long term growth story with a strong brand, leadership position in India's fan industry and healthy financials. Over the years, CGCEL has leveraged its strong distribution network (of 3500+ dealers) to expand into other product categories like water pump, lightings and small appliances. Post demerger in 2015, CGCEL has focused on margin improvement and asset light strategy to ensure a robust return ratio ...