Time period given by analyst is Intra Day when Whirlpool of India Ltd. price can reach defined target.
Whirlpool of India Ltd., incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 31020.16 Crore) operating in Consumer Durables sector.
Whirlpool of India Ltd. key Products/Revenue Segments include Domestic Appliances, Sale of services and Export Incentives for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1354.61 Crore, down -24.43 % from last quarter Total Income of Rs 1792.54 Crore and up 30.10 % from last year same quarter Total Income of Rs 1041.24 Crore. Company reported net profit after tax of Rs 23.34 Crore in latest quarter.
Investment Rationale
Stock registered a breakout above four months range (2,418-1,972) and a higher base at 10-weeks EMA.
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2021, while FIIs owned 2.65 per cent, DIIs 11.29 per cent.
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