Whirlpool of India consolidated net profit rises 92.07% in the June 2024 quarter

Q1 Results Today 29 July 2024: Apollo Pipes, ASK Automotive, Bharat Electronics, Colgate Palmolive, CSB Bank, Elnet Technologies, Fredun Pharmaceuticals, Ideaforge Technologies, Indian Bank, NDTV, Pfizer India, Whirlpool, Wonderla Holidays among others will announce their quarterly results. | Latest Updates

Q1 results today: Adani Total Gas, Adani Wilmar among 95 companies to announce earnings on Monday

New Delhi [India], July 18: Whirlpool of India, a subsidiary of Whirlpool Corporation, has launched a new range of single-door refrigerators- Ice Magic ProGlass Door range, an amalgamation of superior aesthetics and craftsmanship.

Whirlpool of India launches Ice Magic Pro Glass Door Refrigerator Range for evolving Indian homes

Whirlpool of India is implementing cost-cutting measures across various functions including logistics, infrastructure, and travel amidst a global forecast of soft demand for 2024 and rumors of a potential acquisition by Bosch Group. The company aims to enhance efficiency through a structured cost leadership program while reducing inventory levels.

Whirlpool India focuses on cost-cutting measures amid soft demand forecast

Whirlpool India: German multinational firm Bosch is considering a multi-billion-dollar acquisition of American white goods manufacturer Whirlpool

Bosch’s potential Whirlpool buy could boost firm’s presence in India

Today, several stocks are in the spotlight on Dalal Street, including Whirlpool of India, Ultratech Cement, and RVNL (Rail Vikas Nigam Limited).

Top Stocks On D-Street: Whirlpool of India, Ultratech cement & RVNL Among 5 In Spotlight Today

Whirlpool of India Ltd witnessed volume of 21.55 lakh shares by 14:14 IST on NSE, a 13.94 times surge over two-week average daily volume of 1.55 lakh shares

Volumes jump at Whirlpool of India Ltd counter

Whirlpool of India Ltd, Suven Pharmaceuticals Ltd, India Cements Ltd and Texmaco Rail & Engineering Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 June 2024.

L G Balakrishnan & Bros Ltd leads gainers in ‘A’ group

Whirlpool’s stock hit a 52-week high after reports about its acquisition by Bosch went viral.

German Company Bosch Eyes Bid For US Appliance Maker Whirlpool: Report - News18

According to a Reuters report, German engineering group Robert Bosch is weighing a bid for the US appliances manufacturer Whirlpool.

Whirlpool stock zooms 19% on heavy volumes; Here’s what triggered the rally

Whirlpool is partnering with Surf Excel to integrate innovative technologies from both the brands.

Whirlpool Of India Jumps To Over One-Year High After HUL Partnership

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Whirlpool of India Limited is a manufacturer of home appliances. The Company is primarily engaged in manufacturing and trading of Refrigerators, Washing Machines, Air Conditioners, Microwave Ovens and small appliances.