The summer season has kicked started to melt us with its warm characteristics. Electrical consumer durables: In electrical consumer durables, Nilesh Bhaiya, Analyst - Consumer Durables and Capital Goods at BNP Paribas said, as per dealers, Orient and Havells have already developed a good brand recall in premium categories and decorative fans. BNP analyst expects competitive intensity to aggravate, especially …
The India Meteorological Department has forecasted a strong summer, with 'above normal' temperature across most parts of the country this year. The brokerage sees a 14 per cent sales growth on-year and 110 basis points sequential rise in operating profit margin for six companies including Crompton Greaves Consumer Electricals, Havells India, V-Guard Industries, Amber Enterprises, Finolex Industries and Supreme Industries …
