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    Buy Whirlpool of India, target price Rs 2000: ICICI Securities

    Synopsis

    Whirlpool of India Ltd., incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 20003.88 Crore) operating in Consumer Durables sector.

    WhirlpoolETBrandEquity
    Promoters held 75.0 per cent stake in the company as of 31-Mar-2022, while FIIs owned 2.84 per cent, DIIs 11.91 per cent.
    ICICI Securities has buy call on Whirlpool of India with a target price of Rs 2000. The current market price of Whirlpool of India is Rs 1567.75. Time period given by analyst is year 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 20003.88 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-2022.


    Financials
    For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 1720.32 Crore, up 10.30 % from last quarter Total Income of Rs 1559.71 Crore and down -4.03 % from last year same quarter Total Income of Rs 1792.54 Crore. Company reported net profit after tax of Rs 84.48 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 75.0 per cent stake in the company as of 31-Mar-2022, while FIIs owned 2.84 per cent, DIIs 11.91 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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