Whirlpool CEO says cut stake in Indian unit due to high valuation, stock sinks to 52-week low

Whirlpool CEO Marc Bitzer has said the has no plans to exit India. They decided to sell a 24 percent stake in Whirlpool India as its valuations were at an earnings multiple of 50 times, the CEO has said

Related Keywords

India ,Mauritius ,Marc Bitzer ,Mutual Fund ,Whirlpool Corp ,Whirlpool India ,Whirlpool Mauritius ,Dixon Tech ,Whirpool India ,Whirlpool Corporation ,Stocks To Watch ,Consumer Durables ,