Stock calls: Whirlpool of India - Making a splash
Strong sales growth and an expanding product portfolio augur well for the company
If you believe in India’s consumption story, and the growing buying power of its middle-class, bet your money on the stock of consumer durable major Whirlpool of India.With low penetration of white goods in the country (20 per cent for refrigerators and 9 per cent for washing machines), growth looks promising for makers of white goods. Efforts to drive the country’s economic growth and the stimul...
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