Symphony climbs on planning to enter into Room AC, BLDC Ceiling Fans and Air Purifiers markets
Symphony is currently trading at Rs. 612.95, up by 38.35 points or 6.67% from its previous closing of Rs. 574.60 on the BSE.
The scrip opened at Rs. 585.05 and has touched a high and low of Rs. 652.25 and Rs. 585.05 respectively. So far 210800 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 967.50 on 10-Feb-2026 and a 52 week low of Rs. 564.00 on 02-Sep-2026.
Last one week high and low of the scrip stood at Rs. 652.25 and Rs. 564.00 respectively. The current market cap of the company is Rs. 4261.40 crore.
The promoters holding in the company stood at 73.43%, while Institutions and Non-Institutions held 10.92% and 15.66% respectively.
Symphony is planning to expand its India product portfolio through a calibrated and phased entry into Room Air Conditioners (AC), BLDC Ceiling Fans and Air Purifiers. The proposed expansion is expected to broaden the company’s addressable market in India through adjacent consumer-durable categories with long-term growth potential. It will leverage Symphony’s capabilities in cooling, brand-building, distribution, consumer insights and after-sales service. It is also consistent with the company’s stated focus on strengthening its Beyond India Summer Products (BISP) portfolio, while further reinforcing its leadership in the Indian household air cooler category.
The rollout will follow an asset-light model, with no current plan to invest in in-house manufacturing capacity. Internal accruals will be deployed progressively and prudently towards product development, inventory, brand-building, channel and service readiness, and working capital. Products are proposed to be introduced selectively across ranges, markets and channels commencing from the December 2026 quarter. The pace and scale of expansion will be calibrated to consumer response, execution readiness and satisfactory commercial and operating outcomes.
