Market News
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Market Trading Guide: 360 One Wam among 6 stock recommendations for Wednesday
Profit booking became evident on Tuesday in reaction to a dip in Asian markets, leaving investors eagerly anticipating the US Fed minutes. Analysts suggest considering 360 One Wam, HFCL, RITES, Azad Engineering, EPL, and PGEL for investment, as they present strong technical signals and promising upside potential.
Consumer companies ramp up festive production on demand hope
Leading electronics contract manufacturers such as Dixon Technologies and PG Electroplast highlighted a "high" double-digit increase in orders across categories including televisions, lighting products, washing machines, and refrigerators. PG Electroplast, which supplies to brands such as LG, Midea, Voltas, Whirlpool, and Daikin, said its festive order book has grown by 40% over last year. Dixon counts Samsung, Xiaomi, Haier, and Philips among its customers.
Dipan Mehta sees long-term opportunity in PG Electroplast, Kitex and power plays
Dipan Mehta, Director of Elixir Equities, says India’s air-conditioner outsourcing story remains a strong long-term opportunity, with companies like PG Electroplast and Amber benefiting from rising demand and scale advantages. He is also positive on power transmission players linked to renewable energy growth, sees export opportunities emerging from rupee depreciation, and expects textiles and select pharma names to deliver strong growth despite near-term market volatility.
PG Electroplast shares in focus after Q4 results, FY26 guidance miss
The management of PG Electroplast continues to maintain that while the near-term growth may moderate, the medium-to-long-term opportunity remains strong.
PG Electroplast Q4 PAT slumps 55% YoY to Rs 65 cr
PG Electroplast reported 55.34% decline in consolidated net profit to Rs 64.86 crore in Q4 FY26 compared with Rs 145.23 crore posted in Q4 FY25.
PG Electroplast profit slumps 55% as weak AC demand, West Asia-linked disruptions hit business
The company said weak room AC sales, LPG shortages linked to the West Asia conflict and transport disruptions together impacted quarterly revenue by nearly ₹420 crore.
Stocks to buy or sell: Ajit Mishra of Religare Broking suggests strategies for 3 shares
Ajit Mishra, SVP of Research at Religare Broking, shares his near-term strategy for Power Grid Corporation of India, Tata Power Company, and PG Electroplast. Mishra believes the Nifty 50 has immediate support in the range of 22,500–22,800, while 23,400–23,600 range is strong resistance.
Top Gainers & Losers on Mar 13: Larsen & Toubro, KPR Mill, Adani Total Gas, PG Electroplast among top losers
The Indian stock market faced a significant sell-off on March 13, with key indices dropping over 2% amid rising crude oil prices and concerns over corporate earnings. The Nifty 50 saw its largest weekly decline in four years, as overseas investors continued to sell.
PG Electroplast MD on LPG shortage impact on AC production
PG Electroplast has lost nearly a week of AC production due to LPG shortages at its plants, Managing Director Vikas Gupta said. Three of the company’s four AC manufacturing units faced disruptions for several days, hitting output during March, a peak month that typically contributes 12–15% of annual sales. Gupta said the company is working with suppliers and exploring alternate gas options that could stabilise production within 7–10 days. Polymer prices have also jumped, adding to cost pressure. PG Electroplast shares were down over 7% today and have shed over 14% this week.
PG Electroplast shares fall 7% after management says gas shortage may impact FY26 guidance
For financial year 2026, PG Electroplast has a revenue guidance of ₹5,700 crore to ₹5,800 crore, implying a growth of 17% to 19% over financial year 2025.
Top Gainers & Losers on Mar 12: Piramal Pharma, Tejas Networks, Apollo Tyres, PG Electroplast among top losers
The Indian stock market extended its losses on March 12, with the Nifty 50 and Sensex down 1% and 1.08%. Tensions in the Middle East affected investor sentiment, particularly impacting auto stocks, while broader markets showed some positive movement.
Top Gainers & Losers on Mar 09: PG Electroplast, HPCL, RVNL, Meesho, Paras Defence, Bank of India among top losers
The escalating US-Iran war is driving the Indian stock market down, with the Nifty 50 and Sensex reaching 10-month lows. Rising crude oil prices and a weakening domestic currency contribute to a decline in investor confidence amid regional chaos.