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consumer durables

Consumer durable makers outshine FMCG players with 21% growth in 3 years as market expands by 76%: Think tank CMIE

Consumer durable makers outshine FMCG players with 21% growth in 3 years as market expands by 76%: Think tank CMIE

Tue, Aug 20, 2024

Within the domestic consumer goods space, consumer durable companies have outshined FMCG players with a over the three-year period since the COVID breakout, from FY22 to FY24, according to think tank CMIE. Consumer durable companies grew at 20.8 per cent during this period, much better than growth of 12.3 per cent per annum registered by FMCG businesses, according to CMIE.

tv fridge ac prices may increase by 3 to 5 percent due to the fall of the rupee

tv fridge ac prices may increase by 3 to 5 percent due to the fall of the rupee

Mon, May 16, 2022

The prices of home appliances like TV, AC, washing machines and refrigerators are expected to increase. The prices of consumer electronics goods may increase by three to five percent from the end of May or the first week of June.

Diwali dampener: Get set to pay more for electronic goods as rupee plunges

Diwali dampener: Get set to pay more for electronic goods as rupee plunges

Fri, Aug 17, 2018

Consumer durables makers may go for a price hike before the festive season sales to partially pass on the higher import bills due to fall in rupee. Sony, Panasonic and Godrej said they are closely watching the currency movement as the rupee today crossed a historic low of 70.32 against the US dollar.

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E-retail market size to surge 250% in the next 3 years

E-retail market size to surge 250% in the next 3 years

Mon, Feb 19, 2018

The continued focus of major players on existing business segments such as apparel and fashion will drive growth, a report said

Market take heavy beating, tumble 983 points for the week

Market take heavy beating, tumble 983 points for the week

Sat, Feb 03, 2018

The budget proposals of 10% long term capital gains tax on equities and overshooting of fiscal deficit target quashed investor optimism

Sensex builds on gains, regains 34,000 mark in early trade

Sensex builds on gains, regains 34,000 mark in early trade

Fri, Jan 05, 2018

The 30-share index rose 100.48 points, or 0.29 per cent, to 34,070.12, with all sectoral indices led by PSU, consumer durables, auto and metal trading in the positive zone, rising by up to 0.57 per cent.

FMCG, white goods makers pin hope on 2018 to erase woes of 2017

FMCG, white goods makers pin hope on 2018 to erase woes of 2017

Tue, Dec 19, 2017

The companies feel that prospects of good economic growth coupled with a revival in demand and consumption will help them overcome the hit they took on volumes and profits in 2017.

Air Conditioners to get costly in the new year?

Air Conditioners to get costly in the new year?

Mon, Dec 11, 2017

You may have to pay more for buying an Air Conditioner in the new year.

Sensex, Nifty gain over 1%; auto, durables stocks surge

Sensex, Nifty gain over 1%; auto, durables stocks surge

Thu, Dec 07, 2017

The barometer 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed gaining over 300 points, while the wider Nifty50 of the National Stock Exchange (NSE) closed firmly above the 10,100 level.

Sensex soared to life-time high; Nifty scaled another record high in opening trade

Sensex soared to life-time high; Nifty scaled another record high in opening trade

Fri, Oct 27, 2017

Sensex soared by 123.49 points, or 0.37%, to 33,270.62 points, breaching its previous record high (intra-day) of 33,196.17 hit yesterday.

GST effect: Pay more to buy home appliances from today

GST effect: Pay more to buy home appliances from today

Sat, Jul 01, 2017

People planning to purchase white goods will have to shell out more money from today as most appliances and durable makers have increased their prices in the new tax regime under GST.

A final check: How GST impacts your toothpaste to your car purchase

A final check: How GST impacts your toothpaste to your car purchase

Fri, Jun 30, 2017

With the GST rollout at the stroke of midnight tonight here is how it will impact your business, industry and even your household finances.

Consumer durables sales increase up to 100% during pre-GST discounts

Consumer durables sales increase up to 100% during pre-GST discounts

Wed, Jun 28, 2017

Retailers that cut their losses and offered consumer durable products on sale with up to 50% discounts have now seen an increase in pre-GST sales. The sales of the retailers have increased 100% YoY with GST rollout being two days away.

Investors lap up shares of air conditioner-makers as mercury soars to near record highs

Investors lap up shares of air conditioner-makers as mercury soars to near record highs

Wed, Mar 29, 2017

Shares of Indian consumer durable companies, especially air conditioner makers like IFB Industries, Blue Star, Whirlpool and Voltas gained over 7% on BSE Sensex intraday on Wednesday.

Demonetisation had positive impact on sectors like metals, capital goods

Demonetisation had positive impact on sectors like metals, capital goods

Thu, Mar 16, 2017

Four months since demonetisation and its impact has started to fade out. However, everything isn't gloom and doom as analysis show that there were a few sectors that gained from Prime Minister Narendra Modi's bold attempt to tackle black money and push India towards a less-cash economy.

Lloyd's fall 15% as investors rue sale to Havells

Lloyd's fall 15% as investors rue sale to Havells

Mon, Feb 20, 2017

Standard Chartered Bank was the financial advisor and AZB & Partners were the legal advisors to the transaction.

Havells to acquire Lloyd's consumer durable biz for Rs 1,600 crore

Havells to acquire Lloyd's consumer durable biz for Rs 1,600 crore

Sun, Feb 19, 2017

"...(Havells')board has approved the acquisition of Lloyd Consumer Durable Business Division (Lloyd Consumer).The acquisition is proposed to be executed at an enterprise value of Rs 1,600 crores on a debt free, cash free basis subject to closing adjustments," the company said in a statement.

India's consumption demand may take over one year to recover from demonetisation shock

India's consumption demand may take over one year to recover from demonetisation shock

Tue, Nov 22, 2016

“Consumption demand may take 1-6 quarters to recover on account of demonetisation.” One quarter is a three-month period that a fiscal year is divided into. A fiscal year, hence, has four such quarters.

Consumer demand may soar by 40% this festive season: Report

Consumer demand may soar by 40% this festive season: Report

Sun, Oct 16, 2016

Rural demand is adding to the festive fervour, as good monsoon has boosted confidence among the farmers and farm labour.

Can 7th Pay Commission salary hike meaningfully boost Indian economy?

Can 7th Pay Commission salary hike meaningfully boost Indian economy?

Thu, Jun 30, 2016

Some of the industries that are expected to benefit the most include automobile, FMCG, real estate, consumer durables, consumer finance and other discretionary sectors.

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