Whirlpool of India Ltd (WHIRLPOOL)

Whirlpool of India's ROCE Decreases to 4.4% - 04 Jul, 2024

Whirlpool of India's returns on capital employed (ROCE) have decreased to 4.4% from 23% five years ago, with no corresponding improvement in sales. The stock has returned a mere 26% in the last five years.

Whirlpool of India Stock Surges on Acquisition News - 28 Jun, 2024

Shares of Whirlpool of India surged by up to 19% to a two-year high following reports of Bosch's potential acquisition. The company reported robust growth potential and competitive dynamics in the Indian market.

Whirlpool of India Shares Surge on Reports of Potential Bid by Robert Bosch - 27 Jun, 2024

Whirlpool of India shares surged over 19% to hit a 52-week high after reports suggested that German engineering group Robert Bosch is weighing a bid for US-based parent Whirlpool Corporation. The potential acquisition would boost Bosch's position in the household appliances market.

Kotak Institutional Equities Maintains Sell Recommendation on Whirlpool of India - 25 Jun, 2024

Whirlpool of India's shares have outperformed since the promoter entity sold a part of its stake in February. However, Kotak Institutional Equities has maintained its sell recommendation with a price target of ₹1,350, implying a potential downside of 26%. The brokerage remains wary about rising competition from Voltas Beko, commodity prices surge, and parent company leverage position. Consensus price targets suggest a potential downside of 14% for the next 12 months.

Whirlpool of India Announces Marketing Alliance with Hindustan Unilever's Surf Excel - 13 Jun, 2024

Whirlpool of India has entered into a three-year marketing agreement with Hindustan Unilever's Surf Excel, resulting in a surge of the company's shares by 1.8%. The partnership will integrate innovative technologies from both brands to deliver superior fabric care and improve the daily laundry process.

Whirlpool Forms Marketing Alliance with HUL for Surf Excel - 12 Jun, 2024

Whirlpool of India has partnered with Hindustan Unilever Limited (HUL) to market Surf Excel, aiming to leverage the combined strengths of both brands to deliver expertise in removing stubborn stains. The integration of innovative technologies from both brands will help improve daily laundry processes and result in an enhanced customer experience.

Whirlpool of India Shares Surge on Positive Growth Outlook - 11 Jun, 2024

Whirlpool of India shares surged 3.3% to a 22-month high, driven by improving demand for entry-level SKUs and strategic initiatives implemented under new leadership. Domestic brokerage firm Equirus Securities has revised its target price higher to ₹2,362 apiece, signaling 39% more upside.

Whirlpool of India Ltd registers 7.54 fold spurt in volume - 07 Jun, 2024

Whirlpool of India Ltd registered a volume of 6.06 lakh shares, a 7.54 fold spurt over two-week average daily volume. The stock rose 4.97% to Rs.1,619.05.