Stocks to Watch: Symphony, Blue Star, Amber Enterprises shares to gain as IMD forecasts sizzling hot summer
Many companies have increased the prices of these products by 5-6 per cent already. The demand for ACs went up phenomenally because of work from home (WFH) norm forced by the corona pandemic. A report by Jefferies now indicates that sales of these companies will increase in the days ahead and that means the Q4 earning results are likely to be much stronger
LG and Samsung have the biggest marketshare in the refrigerator segment at 31 and 29 per cent. Whirlpool is at third number followed by Godrej with 14 per cent market share