Read more about Consumer Durables stocks gain on Business Standard. Consumer Durables stocks were trading in green, with the S&P BSE Consumer Durables index increasing 218.83 points or 0.66% at 33510.58 at 09:48 IST.
Orient Electric Ltd has added 11.53% over last one month compared to 2.24% gain in S&P BSE Consumer Durables index and 1.67% drop in the SENSEX
Orient Electric Ltd gained 3.13% today to trade at Rs 304.6. The S&P BSE Consumer Durables index is up 0.46% to quote at 33438.89. The index is up 2.24 % over last one month. Among the other constituents of the index, Voltas Ltd increased 2.45% and Dixon Technologies (India) Ltd added 1.68% on the day. The S&P BSE Consumer Durables index went up 42.87 % over last one year compared to the 48.62% surge in benchmark SENSEX.
Orient Electric Ltd has added 11.53% over last one month compared to 2.24% gain in S&P BSE Consumer Durables index and 1.67% drop in the SENSEX. On the BSE, 3839 shares were traded in the counter so far compared with average daily volumes of 93817 shares in the past one month. The stock hit a record high of Rs 304.6 on 15 Mar 2021. The stock hit a 52-week low of Rs 138.15 on 23 Mar 2020.
Consumer Durables stocks were trading in green, with the S&P BSE Consumer Durables index increasing 418.74 points or 1.28% at 33254.05 at 09:48 IST. Among the components of the S&P BSE Consumer Durables index, Orient Electric Ltd (up 2.51%), Voltas Ltd (up 2.15%),Dixon Technologies (India) Ltd (up 2.03%),Bajaj Electricals Ltd (up 1.66%),Rajesh Exports Ltd (up 1.35%), were the top gainers. Among the other gainers were Blue Star Ltd (up 1.33%), Titan Company Ltd (up 1.12%), Crompton Greaves Consumer Electrical Ltd (up 1.06%), Whirlpool of India Ltd (up 0.49%), and TTK Prestige Ltd (up 0.14%). On the other hand, V I P Industries Ltd (down 0.69%), turned lower.
At 09:48 IST, the S&P BSE Sensex was up 349.77 or 0.69% at 51375.25.
Electric Fan Market by Product and Geography - Forecast and Analysis 2020-2024
Electric Fans Market: Product Landscape
Based on the product, the market generated maximum revenue in the ceiling fans segment in 2019. Factors such as the increasing use of ceiling fans as a decorative appliance, growing demand for luxury ceiling fan products, and rising number of product innovations are fueling the growth of the segment. The market growth in this segment will be significant over the forecast period.
Electric Fans Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 41% of the market s overall growth is expected to originate from APAC. Factors such as an increasing number of government initiatives for the housing sector, cost-effective supply chain of electric fans, increasing demand for luxury fans, and rising number of product innovations will be crucial in driving the growth of the electric fan market in APAC during
Read more about Consumer Durables shares rise on Business Standard. Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 339.72 points or 1.04% at 33067.02 at 09:48 IST.