why whirlpool india shares have hit record high - small home appliances

by:Yovog     2023-03-13
why whirlpool india shares have hit record high  -  small home appliances
The whirlpool of Indian stocks has risen by 19.
3 to 52-
Good weekly sales.
The excellent performance of the stock supports the consumer durable goods subsidiary
The mad cow disease index rose 1.
More sensitive and playful than a wider range.
Refrigerators, washing machines, air conditioners, small household appliances, etc. are all equipped with massage bathtubs. ()
The following are the reasons for the sharp rise in Whirlpool, 1)
The company told analysts on Wednesday that it aims to grow revenue by nearly 2.
Five times in the next three years
The guidance means that in FY14-FY17.
Whirlpool's revenue for fiscal 14 was RS 2,834.
"The company's goal is to increase market share and launch positive products in the next few years," said an analyst attending the meeting . ". 2)
Expectations of interest rate cuts have risen as consumer prices have cooled further.
The retail inflation tracked by the Reserve Bank of India when setting lending rates slowed to 5.
52 percentage points in Octoberyear low of 6.
According to data released on Wednesday, 46 cents a month ago.
Cooling prices will increase pressure on the central bank to cut interest rates to stimulate consumer demand, which will power economic growth. 3)
Low interest rates will increase demand for consumer goods, and companies like Whirlpool will benefit.
Production of durable consumer goods fell by 11.
Although industrial activity grew at its fastest pace in three months, it rose by 3 percentage points in September.
Unless possible, the consumer durable goods sector has not expanded during the current fiscal year. 4)
Whirlpool shares have risen sharply since the second-quarter data were released on October 31.
The company reported twice.
Net profit at Rs doubled.
41 crore due to high sales.
Sales during the festival increased by 20 per cent. ()5)
Whirlpool's parents released a third
2014 in the fourth quarter of last month and its stock reached 52-
A weekly high of $177. 18 yesterday.
Indian stock Whirpool closed on the 14 th.
Rs 610, higher.
40, more than a wider Sensex that ends at 0.
The proportion of 27,940 fell by 24. ()
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