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24-12-2024 11:31 AM | Source: Accord Fintech
Whirlpool of India gains on inking pact with PG Electroplast

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Whirlpool of India is currently trading at Rs. 1880.10, up by 30.00 points or 1.62% from its previous closing of Rs. 1850.10 on the BSE.

The scrip opened at Rs. 1890.00 and has touched a high and low of Rs. 1915.80 and Rs. 1840.55 respectively. So far 2446 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2450.00 on 22-Oct-2024 and a 52 week low of Rs. 1186.85 on 27-Feb-2024.

Last one week high and low of the scrip stood at Rs. 1980.00 and Rs. 1837.90 respectively. The current market cap of the company is Rs. 23853.17 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 40.97% and 8.02% respectively.

Whirlpool of India has signed a definitive agreement with PG Electroplast (PGEL) for contract manufacturing of select models of Whirlpool branded semi-automatic Washing Machines. Under the arrangement, PGEL will manufacture some of the SKUs for Whirlpool at its factory at Roorkee. PGEL is already an existing supplier of Whirlpool branded Air Conditioners and both companies will continue to evaluate the potential expansion opportunities.

Whirlpool of India is a part of the world’s renowned Whirlpool Group of Companies and one of the leading manufacturers and marketers of major home appliances in the country.