Stocks in news: Aurobindo Pharma, Titan, Crompton Greaves, Bank of India, Bharat Petroleum
Stocks to watch today on February 11: Aurobindo Pharma, Titan, Crompton Greaves, Bank of India, Bharat Petroleum among others are the top stocks to watch out for in Thursday s trading session
BusinessToday.In | February 11, 2021 | Updated 09:30 IST
Stocks to watch today: ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindusthan Sugar, Bayer Cropscience, Bosch are among the top companies that will be reporting their Q3 earnings
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Thursday s trading session based on latest developments. Investors are also awaiting Q3 earnings that are scheduled to be released today. Companies set to announce their earnings are ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindustan Sugar, Bayer Cropscience, Bosch.
Pandemic, early winter fuels online sale of appliances
Unlike previous years, where consumers would visit stores to make purchases, there has been a significant shift towards online purchases on account of coronavirus pandemic
Nidhi Singal | December 30, 2020 | Updated 00:07 IST
Pandemic COVID-19 along with the early onset of winters across the country has derived demand for winter appliances such as geysers, water heaters, immersion rods, and room heaters. Unlike previous years, where consumers would visit stores to make purchases, there has been a significant shift towards online purchases.
Hari G Kumar, Vice-President - Large Appliances at Flipkart, says, We are witnessing over 50 per cent increase in searches for winter appliances in the first 20 days of December 2020 over the same period last year with room heaters accounting for over a third of this demand. Interestingly, over 50 per cent of this demand came from Tier-III and beyond cities while cities such as New Delhi,
Stock Tales - Crompton Greaves Consumer Electricals - ICICI Direct
Posted On: 2020-12-28 09:22:50 (Time Zone: Arizona, USA)
Crompton Greaves Consumer Electricals (CGCEL) is a compelling long term growth story with a strong brand, leadership position in India s fan industry and healthy financials. Over the years, CGCEL has leveraged its strong distribution network (of 3500+ dealers) to expand into other product categories like water pump, lightings and small appliances. Post demerger in 2015, CGCEL has focused on margin improvement and asset light strategy to ensure a robust return ratio profile (RoE- 34%, RoCE-38%). Despite revenue loss for almost 40 days due to lockdown, CGCEL s revenue is likely to register growth in FY21, supported by strong pent up demand of home appliances in semi-urban and rural India. We believe, going forward, business revival in metros (post ease in lockdown) and increased focus of the government on rural housing, infrastructure will drive demand fo