Consumer Durable Sector
Markets
Voltas, PG Electroplast to Whirlpool — Consumer durable stocks rally up to 10% on GST rate reduction hopes
Prime Minister Narendra Modi, in his Independence Day speech, announced that next-generation GST reforms would be introduced before Diwali, aimed at reducing the tax burden on the public and MSMEs.
2 min read18 Aug 2025Markets
Havells India Q1 Results: Net profit sinks 15% YoY to ₹347 crore on weak demand for cooling products
Havells India reported a 15% drop in consolidated net profit to ₹347 crore for the June quarter, affected by low demand for cooling products. Revenue from operations fell 6% year-on-year to ₹5,455 crore.
2 min read21 Jul 2025Industry
Hot summer forecast to boost consumer durables, beverage sales in India
A hot summer is expected to boost growth for consumer durables, soaps, and beverages, with the IMD predicting above-normal temperatures and increased heatwave days
4 min read18 Mar 2025✕
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