Whirlpool Financial News
27.02 / 04:45
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Whirlpool Of India's share price falls 6% to 52-week low as Jefferies downgrades stock, sees 11% downside potential
₹1,125 from ₹1,265. The new target price implies a potential downside of 11 percent. The firm's operating profit margin (OPM) has declined to 5 percent in the nine months ended FY24 against 9-12 percent in FY15-21, the brokerage said.
22.02 / 06:05
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Stock market update: Nifty Auto index falls 0.16% in a weak market
Eicher Motors Ltd.(up 1.65 per cent), Balkrishna Industries Ltd.(up 0.6 per cent), TVS Motor Company Ltd.(up 0.35 per cent), Bajaj Auto Ltd.(up 0.23 per cent) and MRF Ltd.(up 0.07 per cent) were among the top gainers.
21.02 / 01:09
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Stocks in news: Whirlpool of India, Hindalco, ZEE, Devyani International, Wipro
Whirlpool of India, Hindalco, ZEE, Devyani International, Wipro among others will be in focus due to various news developments. Whirlpool of India Whirlpool Corporation on Tuesday sold 30.4 million shares, constituting 24% stake in its Indian unit Whirlpool of India through the open market for $468 million.
20.02 / 12:37
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Whirlpool Corporation sells 24% stake in Indian unit for $468 million via open market
Whirlpool Corporation on Tuesday sold 30.4 million shares, constituting a 24% stake in its Indian unit Whirlpool of India through the open market for $468 million. Following the sale, the parent firm’s holding has come down to 51% from 75%.
20.02 / 04:43
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Godrej Consumer Products shares gain as East Africa business reorganization seem to aid cluster profitability
Godrej Consumer Products along with one of its wholly owned subsidiaries has entered into an agreement for divesting its entire stake in wholly owned subsidiary viz. Godrej East Africa Holdings Limited, Mauritius to HKG Africa Weave Ltd for $3.5 million. Upon the completion of the deal, Godrej East Africa Holdings along with its step down subsidiaries viz.
20.02 / 04:31
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Whirlpool of India share price falls 5% on promotor stake sale
₹1,280 against the previous close of ₹1,331.20 and soon fell 4.7 per cent to hit the low of ₹1,268. Around 9:30 am, the stock traded 2.73 per cent lower at ₹1,294.90 on NSE. Whirlpool of India's promoter, Whirlpool Mauritius Ltd, will sell a 24 per cent stake worth $451 million ( ₹3,745 crore) in the company through a block deal on Tuesday, as per a term sheet reviewed by Mint.
20.02 / 03:01
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Stocks to Watch: JSW Steel, Whirlpool, SpiceJet, Coal India, Titagarh Rail Systems
JSW Steel: The steelmaker is in talks to pick up a 20% stake in Australia’s Blackwater coal mine from Whitehaven Coal for around $1 billion, said two people aware of the discussions. The companies are yet to decide on the final valuation.
20.02 / 01:07
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Investors are turning wary of crowded India trade after run-up
Indian equities that’s made them an investor favorite has run into headwinds that go beyond elevated valuations. Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that saw the nation’s main gauges posting a record eighth straight year of gains in 2023.
19.02 / 16:39
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Whirlpool likely to sell 24% stake in its Indian unit via block deal
₹1230 per share, representing a 7.6 percent discount from Monday's closing price, with plans to finalize the transaction by Wednesday. Also read: JSW Steel eyes stake worth $1 bn in Australia’s Blackwater coal mine The company aims to reduce its debt burden, as indicated in a U.S filing from November. Goldman Sachs is providing advisory services for the deal, as per the term sheet disclosed.
19.02 / 16:39
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Best Whirlpool AC to keep your home cool this summer: Top 10 picks
Best Split ACs for approaching summer: Top 10 options for your home 1. Whirlpool 1.5 Ton 3 Star Flexicool Inverter Split AC The Whirlpool 1.5 Ton 3 Star Flexicool Inverter Split AC offers efficient cooling with its Intellisense inverter compressor and 4-in-1 convertible cooling modes. It has a 100% copper condenser coil for better cooling and low maintenance.
19.02 / 13:21
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Foreign promoter likely to sell 24% stake in Whirlpool of India via block deals: Report
Whirlpool of India's foreign promoter, Whirlpool Corporation, is looking to sell up to 24% stake in the company through block deals in a transaction worth around $450 million, according to news reports. The floor price for the sale has been set at Rs 1,230 a share, which is at a discount of nearly 8% to the current market price of the stock. On Monday, Whirlpool shares closed nearly flat on the BSE at Rs 1,332.
29.01 / 02:35
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Q3 results today: Adani Green, Tata Motors, NTPC, LT, GAIL, ITC to BEL — over 900 companies to post Q3 results 2024
Q3 results today: Over 900 companies, including industry leaders such as Aditya Birla Sun Life AMC Ltd, Adani Green Energy Ltd, Bajaj Finance Limited, Bharat Electronics Ltd, GAIL (India) Ltd, ITC Ltd, Larsen & Toubro Ltd, Marico Ltd, NTPC Ltd, Piramal Enterprises Ltd, SRF Ltd, Sun Pharmaceutical Industries Ltd, Tata Motors Ltd, UPL Limited, and Whirlpool of India Ltd, are slated to unveil their financial results for the third quarter on January 29. In the last trading session on January 25, the BSE Sensex dropped 360 points, reaching 70,701, and the Nifty 50 witnessed a decline of 101 points, closing at 21,353.
19.01 / 12:19
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Best Toshiba washing machine vs other brands: Top 10 picks
washing machine and bid farewell to tedious scrubbing and endless loads. Discover innovative technologies and convenient features that transform laundry from a chore to a breeze, leaving you time to focus on what truly matters. Experience whisper-quiet operation, lower energy consumption, and extended machine lifespan with Toshiba and other brands' advanced inverter technology.
16.01 / 12:31
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Best Sharp washing machines vs other brands: Comparison of top 10 models
LG 6.5 kg fully automatic washing machine vs. competitors: Top 10 smart choices 1. SHARP 7.5 kg Fully Automatic Top Load Washing Machine Designed to enhance your washing experience, the SHARP 7.5 kg Fully Automatic Top Load Washing Machine is a smart laundry solution.
15.01 / 18:43
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Amazon Great Republic Day Sale 2024: Up to 55% off on Dishwashers
Whether you require a compact countertop dishwasher or a spacious built-in model, the Amazon Great Republic Day Sale 2024 offers an extensive range of options at unbeatable prices. Take advantage of this limited-time promotion to enhance your kitchen with a high-quality dishwasher while enjoying substantial discounts of up to 55% off.
12.01 / 14:15
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2024
Amazon Sale 2024: Unbeatable prices on top-quality washing machines from Godrej, Samsung, LG and IFB among other brands
This sale offers a wide range of machines to meet your specific needs, including front-loaders, top-loaders, semi-automatic, and fully automatic models. Take advantage of the incredible discounts during the Amazon Sale 2024 to improve your laundry experience at unbeatable prices. Don't miss out on these bargains. Prepare to transform your laundry routine with top-notch washing machines from leading brands, exclusively available during the Amazon Sale 2024.
09.01 / 20:14
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Desi CEOs take home more than expats at electronics companies
As per the regulatory filings from more than a dozen large electronics companies for fiscal 2023, the remunerations of Indian chief executives working in domestic and multinational companies were higher than the expat heads. For instance, Indian CEOs at Sony, Blue Star and Crompton Greaves took home more money than their foreign counterparts at the local units of Samsung, LG and Vivo that had a much larger scale of business. Industry executives attributed this trend to more companies betting on localising their senior management and being ready to pay a premium to such executives.
04.01 / 13:12
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AMFI stock reshuffle: Jio Financial gets large-cap tag, Tata Tech moves to mid-cap; check stock movements in mutual fund
₹67,000 crore, a significant increase from its previous level of ₹49,700 crore as of June 2023, according to a report by Nuvama Institutional Equities. Likewise, the mid-cap cut-off has seen an uptick to ₹22,000 crore, surpassing the earlier mark of ₹17,400 crore.
02.01 / 21:45
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LG 7kg top load washing machine vs. other brands - 10 smart laundry solution for you
Best refrigerator in India: Top 8 choices for modern kitchens As households navigate the options available, the choice of a washing machine becomes a pivotal decision. The LG 7kg top load washing machine, with its distinctive features and user-friendly design, stands out among its competitors. Its 7kg load capacity strikes an optimal balance, catering to the demands of contemporary lifestyles without compromising on efficiency.
02.01 / 21:44
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LG 6.5 kg fully automatic washing machine vs. competitors: Top 10 smart choices
Washing Machine is its user-friendly control panel, allowing users to navigate through various wash cycles and settings with ease. The 6.5 kg drum capacity strikes a harmonious chord between handling sizable laundry loads and ensuring optimal washing performance. As we embark on a journey to compare the LG 6.5 kg model with its competitors, it becomes apparent that the market is rich with choices.
02.01 / 10:42
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Best 12kg LG washing machine cover to protect your laundry companion: 10 picks
Introduction In order to protect your prized laundry companion, investing in a reliable washing machine cover is a wise decision. When it comes to robust and capacious laundry solutions, the 12kg LG washing machine stands out as a popular choice among households. Its impressive capacity ensures that you can efficiently tackle large loads of laundry, making it an indispensable asset in any home.
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