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AC prices set to surge further due to new energy norms, rising input costs: Blue Star MD
Air conditioner prices will increase in the coming months. This is due to higher costs for materials like copper and aluminium. New energy efficiency rules also contribute to the price hike. Industry leaders expect these inflationary pressures to continue for 12 to 18 months. Consumers will need to adjust to these evolving price dynamics.
Denim, not discounts: Why Ace Turtle is moving up the value chain
Ace Turtle is shifting away from the value denim segment to focus on premium brands such as Lee and G-Star. It expects 25% revenue growth this fiscal, driven by expansion in tier-II and -III cities, while investing in AI to improve operational efficiency.
Pick LG Electronics and KEI over Blue Star, advises this analyst
PL Capital prefers diversified players over companies that specialise in air conditioners alone.
Blue Star braces for a slow summer start
The room air-conditioner industry anticipates a challenging summer. Rising costs from global events and delayed heat are impacting sales. Despite these hurdles, a double-digit growth is projected. Consumers might consider budget-friendly options. Demand is expected to pick up as summer progresses, with projections of above-normal temperatures in many areas.
AC players feel the heat as unseasonal rain pours cold water on summer demand
Shares of Blue Star have declined in five out of the last six trading sessions, during which the stock has corrected by 12%. Shares of Voltas too have dropped in five out of the last six sessions, and have corrected 11% during this period.
Blue Star, Voltas, and LG Electronics best placed for summer demand surge: Equirus Securities
Equirus Securities expects room air conditioner volumes to grow around 20% this calendar year. Manoj Gori, Associate Director – Equity Research said AC prices are already up about 7–8% due to currency depreciation and raw material costs.
Emami among 7 small-cap stocks hit 52-week lows; slip up to 25% in a month
Amid a sharp 1,342-point Sensex drop to 76,863, seven BSE 250 Smallcap stocks, including Sapphire Foods, JK Lakshmi Cement, Relaxo, Aegis Logistics, Five-Star Finance, Emami and Jyothy Labs, hit 52-week lows, signaling weakness.
Heatwave Impact: AC makers Blue Star, Voltas, Havells shares surge up to 5%
AC stocks Blue Star, Voltas, LG Electronics India gained as parts of the country started getting warmer this week. AC makers are said to have increased their rates as well ahead of peak summer, while Blue Star on Tuesday launched its new range of room air-conditioners for the summer.
Avoid OMCs; prefer defence and summer plays: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says oil marketing companies remain largely avoidable as they are cyclical, commodity-linked businesses with limited long-term wealth creation potential, especially as renewable energy gains share. He advises selective buying in market declines, favouring defence stocks like BEL and HAL and summer-linked plays such as LG Electronics and Blue Star. Kant also sees corrections in InterGlobe Aviation as a potential long-term buying opportunity despite near-term volatility.
BMW Industries Partners IOCL for Natural Gas | Zaggle Partners Blue Star for Expense Solutions | Top Buzzing Stocks Today - Equitymaster
BMW Industries Partners IOCL for Natural Gas | Zaggle Partners Blue Star for Expense Solutions | Top Buzzing Stocks TodayEquitymaster
AC makers raise prices by 5–15% ahead of summer as input costs climb
Room air-conditioner prices are rising by 5-15% as manufacturers face higher costs for copper, aluminium, and freight. This price adjustment is happening between February and April, just before the peak summer demand. Companies like Daikin, Voltas, and Blue Star are implementing these hikes. Despite the increase, sales are expected to grow due to forecasts of a hot summer.
IT Stock Signs Agreement with Blue Star for Employee Expense Management Services By Trade Brains - Investing.com India
IT Stock Signs Agreement with Blue Star for Employee Expense Management Services By Trade BrainsInvesting.com India