2025-09-22 05:30:13 pm | Source: Kotak Securities Ltd
GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities
Below the GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities
“The GST rate cut on room ACs, from 28% to 18%, brings them at par with other home appliances. Room AC demand in H1FY26 has been impacted on account of weak demand amid early monsoon, high channel inventory and deferred demand. GST rate cut coupled with pre-buying ahead of new energy norms will likely support Room AC demand in Q3FY26.”
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Ayodhya: Man dressed as Lord Ram steals the show at ...
.jpg)
UP CM Yogi Adityanath performs aarti of Ramayana art...
Auto & Auto Ancillaries Sector Update : Yet another ...
Smaller cities propel online Diwali shopping boom
Ejipura flyover push earns Kiran Shaw Mazumdar?s adm...
Ayurveda offers natural ways to prevent Osteoporosis...
CPI Inflation : Food deflation-led low; Oct to see s...
Reduce Hyundai Motor India Ltd For Target Rs. 2,023 ...
Hold HDFC Asset Management Company Ltd For Target Rs...
Add Infosys Ltd For Target Rs. 1,575 By InCred Equities
