Whirlpool

Whirlpool introduces all-new '3D Cool Inverter ACs'

Whirlpool introduces all-new '3D Cool Inverter ACs'

New Delhi [India], Apr 4 : Whirlpool has announced the launch of its most innovative range of Air Conditioners in the Indian market with a lineup of ACs includes Whirlpool 3D cool Inverter range and Fantasia Inverter, which are at par with the 2018 Bureau of Energy Efficiency (BEE) norms.

The leading home appliance company, Whirlpool has also launched its new Magicool AC 5 star range to make energy efficient products available to consumer at entry price points. Whirlpool's 3D Cool range has been designed keeping in mind the extreme humid conditions in India and the capability to perform during temperature of 52-55 degrees C.

Whirlpool Q1 net profit surges by 39% to Rs 64.2 crore

Whirlpool Q1 net profit surges by 39% to Rs 64.2 croreLeading home appliances firm Whirlpool has declared its first quarter financial results for the fiscal year 2010. As per the report it has managed to register an impressive net profit rise of 39%.

The company has posted a net profit of Rs 64.20 crore for the quarter that ended in 30th June, 2010. This net profit figure has grown up by 39% in this quarter as compared to the same quarter in the last fiscal. This has been informed by Whirlpool in a filing at the Bombay Stock Exchange.

Whirlpool India profit rises

whirlpool-IndiaOn Monday, the net profit of Whirlpool India increased three times to become Rs. 57.72 crore. The figure is for the quarter ending March 31, 2010.

Interestingly, this is the highest ever increase that the consumer durable manufacturing company has seen in a three-month period.

It saw a profit of Rs. 17.72 crore for the quarter ending March. It also saw total sales of Rs. 577.54 crore for the same period as against Rs. 374.66 crore for the corresponding period of last year.

Whirlpool to open more consumer touchpoints

Whirlpool to open more consumer touchpointsWith the start of the summer season, consumer electronics majors have been very aggressive as far as the marketing and advertising plans are concerned. However, the consumer electronics major in the country Whirlpool India is by no means complacent and has recently announced its plan to add 1,500 dealers in more than 200 cities by 2010-end.

It is believed that the move will be a big driver for the company as far as the future growth of this consumer electronics major is concerned.

Buy Whirlpool For Target Of Rs 230

Buy Whirlpool For Target Of Rs 230Technical analyst Ashwani Gujral is of the view that investors can buy Whirlpool stock to achieve a target of Rs 230 in 1-2 trading sessions.

According to Mr. Gujral, the investors can buy the stock with a stop loss of Rs 195.

Today, the shares of the company opened at Rs 206.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 207.90 and a low of Rs 34.80 on BSE.

Current EPS & P/E ratio stood at 8.80 and 23.40 respectively.

Whirlpool to invest Rs 300 crore in India over 3 yrs

whirlpoolThe world's leading home appliances maker, Whirlpool, has announced major changes in its business strategies for the current financial year, stating investment plans of Rs 300 crore in India over next three years. It will specially focus on product development, marketing, sales and service infrastructure, according to the reports of the Economic Times.

Whirlpool of India vice-president (corporate affairs and strategy), Shantanu Dasgupta said: "For the past one year, our focus was on cost-control and maximising margins.




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