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Surya Roshni surges on obtaining orders worth Rs 214.68 crore Surya Roshni is currently trading at Rs. 579.55, up by 18.85 points or 3.36% from its previous closing of Rs. 560.70 on the BSE. The scrip opened at Rs. 565.50 and has touched a high and low of Rs. 584.65 and Rs. 563.65 respectively. So far 9211 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 841.50 on 11-Jan-2024 and a 52 week low of Rs. 467.15 on 13-Mar-2024. Last one week high and low of the scrip stood at Rs...
Surya Roshni surges on obtaining orders worth Rs 214.68 crore
Surya Roshni surges on obtaining orders worth Rs 214.68 crore
Source: Accord Fintech
2024-11-28 10:27:50 am
Buy Orient Electric Ltd For Target Rs.293 By Yes Securities Ltd Growth drivers in place; reiterate BUY Result Synopsis Orient Electric (ORIENTEL) revenue growth of 16.4% was 7.7% higher than our estimates. ECD has witnessed strong growth with ECD revenue growing 20.9% yoy, while lighting revenue grew 8.4% yoy despite pricing challenges on B2C consumer lighting side. ECD growth has been aided by Appliances and Fans segment on back of digital thrust and higher realizations. On the gross margin front various actions taken by the company is bearing frui...
Buy Orient Electric Ltd For Target Rs.293 By Yes Securities Ltd
Buy Orient Electric Ltd For Target Rs.293 By Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-10 09:44:56 am
Buy Bajaj Electricals Ltd For Target Rs. 1,080 By JM Financial Services Muted performance; looking up for market share gain. In Q2FY25; Bajaj Electricals (BJE) reported Rev at INR 11.2bn, flat YoY and down 3% QoQ and was in-line JMFe. ECD was at INR 8.7bn, flat YoY and down 4% QoQ. Lighting was at INR 2.5bn down 2% YoY and flat QoQ. All the above resulted in Total consumer durable 5- Year CAGR at 6%. (Havell's lighting + ECD 5-year CAGR at 11% and Orient's 5-year rev CAGR at 9%). GM was at 31.2%, up 121bps YoY and down 72bps QoQ. EBIDTA was at margins ...
Buy Bajaj Electricals Ltd For Target Rs. 1,080 By JM Financial Services
Buy Bajaj Electricals Ltd For Target Rs. 1,080 By JM Financial Services
Source: JM Financial Services Ltd
2024-11-09 12:06:03 pm
India`s Bajaj Electricals posts Q2 profit fall on weak demand India's Bajaj Electricals posted a 59% fall in second-quarter profit on Thursday, as monsoon temperatures reduced demand for cooling products. The company, which makes products ranging from kitchen appliances to LED lights, said its consolidated net profit fell to 129 million rupees ($1.53 million) for the quarter ended Sept. 30, compared to 316.8 million rupees a year ago. Total revenue from operations grew 0.5% to 11.15 billion rupees. KEY CONTEXT Demand for cooling products...
India`s Bajaj Electricals posts Q2 profit fall on weak demand
India`s Bajaj Electricals posts Q2 profit fall on weak demand
Source: Reuters
2024-11-07 02:06:37 pm
Crompton Greaves Consumer Electricals rises on unveiling `Ameo Blend Nutri Blender` Crompton Greaves Consumer Electricals is currently trading at Rs. 465.40, up by 5.70 points or 1.24% from its previous closing of Rs. 459.70 on the BSE. The scrip opened at Rs. 460.40 and has touched a high and low of Rs. 468.65 and Rs. 460.40 respectively. So far 23771 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 479.20 on 22-Aug-2024 and a 52 week low of Rs. 262.10 on 22-Mar-2024. Last one week high and low...
Crompton Greaves Consumer Electricals rises on unveiling `Ameo Blend Nutri Blender`
Crompton Greaves Consumer Electricals rises on unveiling `Ameo Blend Nutri Blender`
Source: Accord Fintech
2024-08-26 12:19:27 pm
Electronics Mart trades higher on the BSE Electronics Mart India is currently trading at Rs. 232.00, up by 3.50 points or 1.53% from its previous closing of Rs. 228.50 on the BSE. The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 238.80 and Rs. 229.40 respectively. So far 42308 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 09-Jul-2024 and a 52 week low of Rs. 117.05 on 16-Aug-2023. Last one week high and low of the scrip ...
Electronics Mart trades higher on the BSE
Electronics Mart trades higher on the BSE
Source: Accord Fintech
2024-08-14 11:36:47 am
HPL Electric & Power touches the roof on bagging work orders worth Rs 2100.71 crore HPL Electric & Power is currently trading at its upper limit of Rs. 562.85, up by 93.80 points or 20.00% from its previous closing of Rs. 469.05 on the BSE. The scrip opened at Rs. 473.85 and has touched a high and low of Rs. 562.85 and Rs. 470.35 respectively. So far 992046 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 562.85 on 11-Jul-2024 and a 52 week low of Rs. 168.05 on 12-Jul-2023. Last one week hi...
HPL Electric & Power touches the roof on bagging work orders worth Rs 2100.71 crore
HPL Electric & Power touches the roof on bagging work orders worth Rs 2100.71 crore
Source: Accord Fintech
2024-07-11 12:41:33 pm
HPL Electric & Power zooms on inking MoU with Guangxi Ramway Technology HPL Electric & Power is currently trading at Rs. 483.15, up by 31.55 points or 6.99% from its previous closing of Rs. 451.60 on the BSE. The scrip opened at Rs. 454.60 and has touched a high and low of Rs. 486.90 and Rs. 451.05 respectively. So far 305636 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 500.40 on 8-Jul-2024 and a 52 week low of Rs. 166.75 on 10-Jul-2023. Last one week high and low of the scr...
HPL Electric & Power zooms on inking MoU with Guangxi Ramway Technology
HPL Electric & Power zooms on inking MoU with Guangxi Ramway Technology
Source: Accord Fintech
2024-07-08 03:32:12 pm
Calcom Vision zooms on tying up with Polycab India Calcom Vision is currently trading at Rs. 153.90, up by 12.45 points or 8.80% from its previous closing of Rs. 141.45 on the BSE. The scrip opened at Rs. 145.10 and has touched a high and low of Rs. 165.00 and Rs. 145.10 respectively. So far 51103 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.00 on 12-Oct-2023 and a 52 week low of Rs. 118.00 on 04-Jun-2024. Last one week high and low of the scrip stood at...
Calcom Vision zooms on tying up with Polycab India
Calcom Vision zooms on tying up with Polycab India
Source: Accord Fintech
2024-07-03 11:45:21 am
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd Demand to improve… TTK Prestige Ltd. (TTK), the flagship company of the TTK group, mainly focuses on the kitchen appliances segment. The company operates five manufacturing plants and has strong distribution networks. * We revised our target price to Rs. 902 (earlier Rs. 950) and maintain Buy rating considering the positive demand outlook. * Revenue grew by 2% YoY in Q4FY24 (-8% YoY in exports & 3%YoY in domestic). Exports were impacted due to inflationary pressure. * G...
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd
Source: Geojit Financial Services
2024-06-17 02:07:23 pm
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd Demand to improve… TTK Prestige Ltd. (TTK), the flagship company of the TTK group, mainly focuses on the kitchen appliances segment. The company operates five manufacturing plants and has strong distribution networks. * We revised our target price to Rs. 902 (earlier Rs. 950) and maintain Buy rating considering the positive demand outlook. * Revenue grew by 2% YoY in Q4FY24 (-8% YoY in exports & 3%YoY in domestic). Exports were impacted due to inflationary pressure. * G...
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd
Buy TTK Prestige Ltd. For Target Rs.902 - Geojit Financial Services Ltd
Source: Geojit Financial Services
2024-06-17 01:53:14 pm
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities Our channel checks suggest demand for summer products has seen significant pick up with products like Air-cooler, RAC and Fans has starting to grow at the rapid pace. Southern region on back of heat wave has seen strong demand traction (double digit volume growth) for Fans, RAC and Air-cooler from latter part of the month. Pricing across the product categories have been largely stable as brands have not indulge in pricing under cutting. Our channel checks suggest Crompton’s core categor...
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities
Source: Yes Securities Ltd.
2024-06-08 11:30:50 am
Sell Voltas Ltd. For Target Rs. 1,190 - Elara Capital Sales soars on strong Summer demand RAC Q4 volume growth at 72%, FY24 at 35% Voltas (VOLT IN) unitary cooling products (UCP) revenue rose 44% YoY to INR 29.6bn in Q4FY24. This was primarily driven by RAC volume growth of 72% in Q4FY24 and 35% in FY24, as split AC sales doubled in Q4, and grew 50% in FY24. A strong Summer coupled with the rise in distribution network and new launches propelled UCP revenue surge. Revenue from commercial air conditioning experienced robust growth; however,...
Sell Voltas Ltd. For Target Rs. 1,190 - Elara Capital
Sell Voltas Ltd. For Target Rs. 1,190 - Elara Capital
Source: Elara Capital
2024-06-04 11:28:49 am
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities Ltd. Our channel checks suggest demand for summer products has seen significant pick up with products like Air-cooler, RAC and Fans has starting to grow at the rapid pace. Southern region on back of heat wave has seen strong demand traction (double digit volume growth) for Fans, RAC and Air-cooler from latter part of the month. Pricing across the product categories have been largely stable as brands have not indulge in pricing under cutting. Our channel checks suggest Crompton’s core categor...
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities Ltd.
Consumer Durables & Electricals Sector Update : Heat wave perks up demand for summer products; South see strong demand traction - Yes Securities Ltd.
Source: Yes Securities Ltd.
2024-05-29 01:54:12 pm
Consumer Durables & Electricals Sector Update : Demand for summer products yet to witness pickup; RAC remains outlier with healthy volume growth - Yes Securities Our channel checks suggest summer demand is not yet fully visible in products like Fans and Air-coolers as temperature in north and west have been lower than normal. Southern region on the other hand has seen strong demand for cooling products with RAC, Air-coolers and Fans registering double-digit growth. Pricing across the product categories have been largely stable as brands have not indulge in pricing under cutting. Our channel checks suggest Crompton’s core categories i.e., Fans, W...
Consumer Durables & Electricals Sector Update : Demand for summer products yet to witness pickup; RAC remains outlier with healthy volume growth - Yes Securities
Consumer Durables & Electricals Sector Update : Demand for summer products yet to witness pickup; RAC remains outlier with healthy volume growth - Yes Securities
Source: Yes Securities Ltd.
2024-05-28 02:30:23 pm
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd CROMPTON’s consolidated sales increased by 10% yoy to ?19.6 bn, broadly in line with expectations. Within ECD segment, sales grew by 14% y-o-y to ?15.2 bn, propelled by strong growth in fans (13%), pumps (9%), and appliances (27%). However, lighting sales remained flat yoy at ?2.8 bn, as the positive impact of healthy volume growth was countered by ongoing price erosion in B2C LED products. The growth in appliances was primarily driven by a remarkable 35% y-o-y expansion in small domest...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd
Source: LKP securities Ltd
2024-05-22 11:20:44 am
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services Playbook remains unchanged; positive outcomes set to continue * Godrej Consumer (GCPL) reported a 6% YoY consolidated net revenue growth to INR33.8b (exactly in line); constant currency (CC) growth was 30% YoY in 4QFY24. The India business clocked 12% YoY revenue growth (5% organic) with a volume growth of 15% YoY (7% organic). * In India, the home care and personal care segments registered 6% and 4% YoY growth, respectively. The HI category was hit by a subdued season, especially in t...
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-20 09:31:54 am
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking Decent revenue growth, however, margin remained under pressure Decent overall performance: CGCEL consolidated revenue came in at Rs 1,693 Cr, up by 11.6% YoY, largely driven by Electronic Consumer Durables (ECD) segment which saw fans, pump and appliances business to report double digit growth as a result segmental revenue was up by 18.5% YoY to Rs 1,209 Cr. Lighting products revenue remained flat at Rs 249 Cr while Butterfly business reported a de-growth of 5.8% YoY to Rs 234 Cr. Rise in ...
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking
Source: Religare Broking Ltd
2024-05-16 09:09:24 am
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services GCPL is likely to post 5% organic consol. revenue growth with high single-digit volume growth. We expect GCPL’s domestic business to log a mid-single-digit organic growth (mostly driven by volume), while its Raymond portfolio (~9% domestic sales contribution) would aid in 17% reported growth. We reckon its international business would see a 10% drop, given Rs700mn worth business restructuring in the Africa cluster; organic growth would clock in a mid-single digit. Backed by better GM, w...
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-05-15 09:53:43 am
Crompton Greaves Consumer Electricals trades higher on the BSE Crompton Greaves Consumer Electricals is currently trading at Rs. 342.45, up by 1.45 points or 0.43% from its previous closing of Rs. 341.00 on the BSE. The scrip opened at Rs. 341.90 and has touched a high and low of Rs. 345.20 and Rs. 335.00 respectively. So far 248855 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 345.20 on 09-May-2024 and a 52 week low of Rs. 252.10 on 19-May-2023. Last one week high and lo...
Crompton Greaves Consumer Electricals trades higher on the BSE
Crompton Greaves Consumer Electricals trades higher on the BSE
Source: Accord Fintech
2024-05-09 11:56:41 am
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility Crompton Greaves Consumer Electricals is currently trading at Rs. 338.65, up by 16.85 points or 5.24% from its previous closing of Rs. 321.80 on the BSE. The scrip opened at Rs. 320.10 and has touched a high and low of Rs. 339.00 and Rs. 319.85 respectively. So far 174819 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 340.40 on 06-May-2024 and a 52 week low of Rs. 252.10 on 19-May-2023. Last one week high and l...
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility
Source: Accord Fintech
2024-05-08 02:16:23 pm
Sell Johnson Controls-Hitachi Air Conditioning Ltd For Target Rs.919-Yes Securities Result Synopsis JCHAC continues with its disappointing performance with revenue declining 42%. Decline was on the favorable base as Q3FY24 saw revenue decline of 10%. Gross margin has seen significant improvement of 972bps on yoy basis. We feel that this gross margin expansion is on account of change in strategy of moving towards the premium end as against the earlier focus of mass premium segment. Our channel checks suggest JCHAC continues to see market share erosion. JCHAC continues to u...
Sell Johnson Controls-Hitachi Air Conditioning Ltd For Target Rs.919-Yes Securities
Sell Johnson Controls-Hitachi Air Conditioning Ltd For Target Rs.919-Yes Securities
Source: Yes Securities Ltd.
2024-05-04 12:42:09 pm
Electronics Mart India shines on starting commercial operations of new store in Telangana Electronics Mart India is currently trading at Rs. 227.90, up by 13.60 points or 6.35% from its previous closing of Rs. 214.30 on the BSE. The scrip opened at Rs. 215.60 and has touched a high and low of Rs. 232.00 and Rs. 215.25 respectively. So far 193604 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.50 on 15-Jan-2024 and a 52 week low of Rs. 70.10 on 23-May-2023. Last one week high and low of the scrip...
Electronics Mart India shines on starting commercial operations of new store in Telangana
Electronics Mart India shines on starting commercial operations of new store in Telangana
Source: Accord Fintech
2024-05-03 03:42:43 pm
India's Blue Star posts jump in Q4 adjusted profit on robust air conditioner demand Indian air-conditioner (AC) maker Blue Star's fourth-quarter adjusted profit jumped more than 46% on Thursday, buoyed by heavy demand for its ACs as consumers prepared for a hotter-than-usual summer. WHY IT'S IMPORTANT India is currently experiencing a blistering summer, which has driven up sales of products such as ACs and coolers. In March, Blue Star said it launched dozens of new home AC products, targeting a 25% jump in revenue from that business this summer, compared wit...
India's Blue Star posts jump in Q4 adjusted profit on robust air conditioner demand
India's Blue Star posts jump in Q4 adjusted profit on robust air conditioner demand
Source: Reuters
2024-05-02 05:51:56 pm
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities Result Synopsis JCHAC continues with its disappointing performance with revenue declining 42%. Decline was on the favorable base as Q3FY24 saw revenue decline of 10%. Gross margin has seen significant improvement of 972bps on yoy basis. We feel that this gross margin expansion is on account of change in strategy of moving towards the premium end as against the earlier focus of mass premium segment. Our channel checks suggest JCHAC continues to see market share erosion. JCHAC continues to ...
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities
Source: Yes Securities Ltd.
2024-04-29 02:18:30 pm
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities Johnson Controls-Hitachi Air Conditioning RESULT REPORT Q3 FY24 | Sector: Consumer Durables January 30, 2024 1 Market share loss continues; reiterate SELL Result Synopsis JCHAC continues with its disappointing performance with revenue declining 42%. Decline was on the favorable base as Q3FY24 saw revenue decline of 10%. Gross margin has seen significant improvement of 972bps on yoy basis. We feel that this gross margin expansion is on account of change in strategy of moving towards t...
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities
Sell Johnson Controls Hitachi Air Conditioning Ltd For Target Rs.919 - Yes Securities
Source: Yes Securities Ltd.
2024-04-27 10:45:18 am
Reliance Retail records gross revenues of Rs 3.06 lakh crore for FY24 Reliance Retail has delivered a resilient performance with another year of strong revenue growth and profit. The business recorded gross revenues of Rs 3.06 lakh crore for the year FY24, a growth of 17.8 per cent over last year. It continued its strong track record of profit growth, registering an EBITDA of Rs 23,040 crore, higher by 28.5 per cent Y-o-Y for FY24. During the year, its EBITDA margin on net sales continued to show improvements and stood at 8.4 per cent, up 60 bps Y-o-Y. ...
Reliance Retail records gross revenues of Rs 3.06 lakh crore for FY24
Reliance Retail records gross revenues of Rs 3.06 lakh crore for FY24
Source: IANS
2024-04-23 10:37:55 am
Buy Havells India Ltd For Target Rs.1,313 - Motilal Oswal Financial Services Ltd Higher ad spending results in a marginal EBITDA miss * Havells (HAVL)’s 3QFY24 revenue grew 7% YoY to INR44.1b (in line with our estimates). Revenue growth (ex-Lloyd) was 7% YoY, led by an 11% growth in the Cables & Wires segment. Revenue for Lloyd grew 8% YoY. EBITDA was up 2% YoY to INR4.3b (est. INR4.5b). OPM was down 50bp YoY to 9.8% (-30bp vs. our estimate). * Infrastructure development continued to result in robust cables and professional lighting demand. While consumer ...
Buy Havells India Ltd For Target Rs.1,313 - Motilal Oswal Financial Services Ltd
Buy Havells India Ltd For Target Rs.1,313 - Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-22 02:00:23 pm
HP joins INDO-MIM to mass produce complex metal parts in India In a boost to the ‘Make in India’ initiative, PC and printer major HP on Monday said that it partnered with Metal Injection Molding (MIM) company INDO-MIM to mass produce metal 3DP parts in India. With HP’s 3DP technology, INDO-MIM will enable large-scale production of 3D-printed high-precision metal parts for sectors like automobile, aerospace, Defence, consumer electronics, and medical equipment segments. These machines, installed at the Bengaluru facility of INDO-MI...
HP joins INDO-MIM to mass produce complex metal parts in India
HP joins INDO-MIM to mass produce complex metal parts in India
Source: IANS
2024-04-22 12:54:34 pm
Buy Havells India Ltd For Target Rs.1,510 Healthy growth in cables and Lloyd; ECD and lighting subdued Strong B2B demand; normalcy expected in B2C segmentBy Motilal Oswal Financial Services Ltd Healthy growth in cables and Lloyd; ECD and lighting subdued Strong B2B demand; normalcy expected in B2C segment * HAVL reported a miss of 3%/6% on EBITDA/PAT on our 3QFY24 estimates, primarily due to higher-than-estimated AD spends (4% of revenues vs. 3.1%/2.2% in 3QFY23/2QFY24). An adverse product mix in the Cables and Wires segment led to a QoQ decline in margin. * The management expects a positive impact on the summer season, aided by low base. It foresees the realization of def...
Buy Havells India Ltd For Target Rs.1,510 Healthy growth in cables and Lloyd; ECD and lighting subdued Strong B2B demand; normalcy expected in B2C segmentBy Motilal Oswal Financial Services Ltd
Buy Havells India Ltd For Target Rs.1,510 Healthy growth in cables and Lloyd; ECD and lighting subdued Strong B2B demand; normalcy expected in B2C segmentBy Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-22 12:07:08 pm
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech Tech firm Logitech India's head of B2B Anand Lakshmanan on Sunday said that the adoption of hybrid work models offers a significant opportunity for the country's video conferencing market. According to him, as the work landscape in the country continues to grow, emphasising flexibility, productivity, and cost efficiency, video conferencing becomes even more critical for maintaining team collaboration. "With our strong commitment to customer satisfaction, unwavering dedicati...
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech
Source: IANS
2024-04-22 09:27:19 am
Philips expands footprint in India with new R&D centre Philips on Monday said that it expanded its footprint in India by announcing a new R&D centre. The company will open the new Healthcare Innovation Centre (HIC) in Pune which will have an office space of about 300,000 square feet in the first phase and will house 1,900 employees. "This new centre will further strengthen our commitment to supporting the Indian healthcare ecosystem with innovative and sustainable solutions and leveraging the same for customers globally," Bert...
Philips expands footprint in India with new R&D centre
Philips expands footprint in India with new R&D centre
Source: IANS
2024-04-16 09:56:18 am
Calcom Vision gains on recording 15% growth in sales during Q4FY24 Calcom Vision is currently trading at Rs. 154.50, up by 0.60 points or 0.39% from its previous closing of Rs. 153.90 on the BSE. The scrip opened at Rs. 150.30 and has touched a high and low of Rs. 155.00 and Rs. 150.30 respectively. So far 2596 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.00 on 12-Oct-2023 and a 52 week low of Rs. 135.00 on 27-Mar-2024. Last one week high and low of the scrip stood at R...
Calcom Vision gains on recording 15% growth in sales during Q4FY24
Calcom Vision gains on recording 15% growth in sales during Q4FY24
Source: Accord Fintech
2024-04-15 11:07:58 am
Orient Electric gains on expanding air coolers range with high capacity models Orient Electric is currently trading at Rs. 212.65, up by 1.40 points or 0.66% from its previous closing of Rs. 211.25 on the BSE. The scrip opened at Rs. 210.30 and has touched a high and low of Rs. 215.20 and Rs. 210.30 respectively. So far 36931 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 262.95 on 14-Jul-2023 and a 52 week low of Rs. 189.10 on 14-Feb-2024. Last one week high and low of the scrip stood at...
Orient Electric gains on expanding air coolers range with high capacity models
Orient Electric gains on expanding air coolers range with high capacity models
Source: Accord Fintech
2024-04-12 01:45:46 pm
Voltas moves up on the bourses Voltas is currently trading at Rs. 1314.20, up by 7.20 points or 0.55% from its previous closing of Rs. 1307.00 on the BSE. The scrip opened at Rs. 1324.95 and has touched a high and low of Rs. 1352.85 and Rs. 1301.70 respectively. So far 137335 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1373.20 on 08-Apr-2024 and a 52 week low of Rs. 745.00 on 14-Jul-2023. Last one week high and low of the scrip stood at R...
Voltas moves up on the bourses
Voltas moves up on the bourses
Source: Accord Fintech
2024-04-09 03:02:33 pm
SHARP India appoints Sujai Karampuri as Chairman Consumer electronics company SHARP on Monday said that it has appointed Sujai Karampuri as the Chairman of its India Business. Karampuri will lead SHARP's Display Business in the country, enhancing the brand's presence and establishing strategic partnerships for manufacturing and technology transfer of the company's engineering products and solutions. "With SHARP's history of driving cutting-edge technological solutions across sectors, I am confident that we are poi...
SHARP India appoints Sujai Karampuri as Chairman
SHARP India appoints Sujai Karampuri as Chairman
Source: IANS
2024-04-08 01:52:16 pm
Voltas jumps on recording 35% sales growth in Air Conditioner in FY24 Voltas is currently trading at Rs. 1341.55, up by 109.35 points or 8.87% from its previous closing of Rs. 1232.20 on the BSE. The scrip opened at Rs. 1303.85 and has touched a high and low of Rs. 1373.20 and Rs. 1303.85 respectively. So far 182253 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,373.20 on 08-Apr-2024 and a 52 week low of Rs. 745.00 on 14-Jul-2023. Last one week high and low of the scrip stood a...
Voltas jumps on recording 35% sales growth in Air Conditioner in FY24
Voltas jumps on recording 35% sales growth in Air Conditioner in FY24
Source: Accord Fintech
2024-04-08 10:39:28 am
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus` Crompton Greaves Consumer Electricals is currently trading at Rs. 281.00, up by 1.25 points or 0.45% from its previous closing of Rs. 279.75 on the BSE. The scrip opened at Rs. 282.45 and has touched a high and low of Rs. 285.00 and Rs. 277.50 respectively. So far 170239 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and lo...
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus`
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus`
Source: Accord Fintech
2024-04-03 04:07:46 pm
LG Electronics launches MyView Smart Monitors New Delhi, 2nd April 2024 – LG Electronics India, a leading consumer durables brand in the country, recently launched its LG MyView Smart Monitor which is designed for home office and for entertainment. Watch favorite content effortlessly with various streaming apps, and set up a home office environment instantly, with a connected PC or PC-free. Featuring Full HD IPS displays (1920x1080), these monitors offer captivating visuals with heightened contrast and lifelike detail&nbs...
LG Electronics launches MyView Smart Monitors
LG Electronics launches MyView Smart Monitors
Source: PR Agency
2024-04-02 11:04:18 am
Stock of the day : Voltas Ltd For Target Rs.1220 - Religare Broking Voltas Ltd.     Buy Voltas Ltd. CMP 1151.60 Range 1148-1152 SL 1115; Target 1220     Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330
Stock of the day : Voltas Ltd For Target Rs.1220 - Religare Broking
Stock of the day : Voltas Ltd For Target Rs.1220 - Religare Broking
Source: Religare Broking
2024-04-02 10:51:16 am
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology` Crompton Greaves Consumer Electricals is currently trading at Rs. 269.65, up by 0.90 points or 0.33% from its previous closing of Rs. 268.75 on the BSE. The scrip opened at Rs. 273.75 and has touched a high and low of Rs. 273.75 and Rs. 269.65 respectively. So far 27971 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and low...
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology`
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology`
Source: Accord Fintech
2024-03-26 11:43:24 am
Crompton Greaves Consumer Electricals gains on launching new product Crompton Greaves Consumer Electricals is currently trading at Rs. 292.10, up by 1.30 points or 0.45% from its previous closing of Rs. 290.80 on the BSE. The scrip opened at Rs. 292.65 and has touched a high and low of Rs. 294.60 and Rs. 289.70 respectively. So far 1181090 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and l...
Crompton Greaves Consumer Electricals gains on launching new product
Crompton Greaves Consumer Electricals gains on launching new product
Source: Accord Fintech
2024-02-28 01:30:29 pm
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore Crompton Greaves Consumer Electricals is currently trading at Rs. 290.05, up by 2.00 points or 0.69% from its previous closing of Rs. 288.05 on the BSE. The scrip opened at Rs. 290.70 and has touched a high and low of Rs. 296.90 and Rs. 289.75 respectively. So far 112710 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and lo...
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore
Source: Accord Fintech
2024-02-27 02:47:14 pm
Surya Roshni soars on bagging order worth Rs 94.75 crore Surya Roshni is currently trading at Rs. 650.80, up by 10.55 points or 1.65% from its previous closing of Rs. 640.25 on the BSE. The scrip opened at Rs. 651.30 and has touched a high and low of Rs. 654.80 and Rs. 632.15 respectively. So far 10597 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 841.50 on 11-Jan-2024 and a 52 week low of Rs. 301.40 on 28-Mar-2023. Last one week high and low of the scrip stood at R...
Surya Roshni soars on bagging order worth Rs 94.75 crore
Surya Roshni soars on bagging order worth Rs 94.75 crore
Source: Accord Fintech
2024-02-15 02:49:23 pm
HPL Electric & Power touches roof on bagging order worth Rs 181 crore HPL Electric & Power is currently trading at upper limit of Rs. 321.90, up by 29.25 points or 9.99% from its previous closing of Rs. 292.65 on the BSE. The scrip opened at Rs. 293.60 and has touched a high and low of Rs. 321.90 and Rs. 282.00 respectively. So far 95669 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 346.90 on 06-Feb-2024 and a 52 week low of Rs. 74.10 on 28-Mar-2023. Last one week high and ...
HPL Electric & Power touches roof on bagging order worth Rs 181 crore
HPL Electric & Power touches roof on bagging order worth Rs 181 crore
Source: Accord Fintech
2024-02-13 02:49:45 pm
Surya Roshni surges on obtaining order worth Rs 119.71 crore Surya Roshni is currently trading at Rs. 638.15, up by 26.15 points or 4.27% from its previous closing of Rs. 612.00 on the BSE. The scrip opened at Rs. 609.15 and has touched a high and low of Rs. 641.00 and Rs. 597.15 respectively. So far 17856 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 841.50 on 11-Jan-2024 and a 52 week low of Rs. 301.40 on 28-Mar-2023. Last one week high and low of the scrip stood at R...
Surya Roshni surges on obtaining order worth Rs 119.71 crore
Surya Roshni surges on obtaining order worth Rs 119.71 crore
Source: Accord Fintech
2024-02-13 02:14:56 pm
RBI to review regulatory norms for Electronic Trading Platforms  RBI announced on Thursday that it has decided to review the regulatory framework for Electronic Trading Platforms (ETPs) and the revised regulatory framework will be issued separately for public feedback. The review is being undertaken as over the last few years, there has been increased integration of the onshore forex market with offshore markets, notable developments in the technology landscape and an increase in product diversity. Market makers have also made requests to access o...
RBI to review regulatory norms for Electronic Trading Platforms
RBI to review regulatory norms for Electronic Trading Platforms
Source: IANS
2024-02-08 12:51:30 pm
Buy Havells India Ltd For Target Rs.1,496 - Geojit Financial Services Weak consumer sentiments impacted… Q4 to see revival. In Q3FY24, revenue grew by 6.8% YoY, missed our estimates by 5.4% due to weak consumer sentiments. B2B volumes remained robust, driven by infra and real estate demand. Despite the festive season, the ECD segment saw modest growth of 3% YoY, attributed to subdued fan demand. The lighting segment faced price erosion but achieved double-digit volume growth. Switchgear growth was flat due to a decline in sales to the telecom OEM segm...
Buy Havells India Ltd For Target Rs.1,496 - Geojit Financial Services
Buy Havells India Ltd For Target Rs.1,496 - Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-02-07 05:33:08 pm