Motilal Oswal has buy call on Whirlpool of India with a target price of Rs 3020. The current market price of is Rs 2416.45.
Whirlpool of India Ltd., incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 30645.26 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1522.34 Crore, down -6.85 % from last quarter Total Income of Rs 1634.31 Crore and up 16.15 % from last year same quarter Total Income of Rs 1310.69 Crore. Company reported net profit after tax of Rs 64.37 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of Dec 30, 2020, while FIIs held 3.4 per cent, DIIs 11.3 per cent and public and others 10.4 per cent.
