Stock viewCNBC-TV18
Elara Capital prefers LG Electronics and V-Guard amid margin strain
Positive+1
GreyOak summary
Elara Capital prefers LG Electronics and V-Guard as consumer durable makers face margin strain from commodity inflation and competition. Voltas saw 32% volume growth in cooling, while UltraTech Cement launched UltraVolt with aggressive incentives. Polycab remains positive long-term despite short-term headwinds.
What it affects
- LG Electronics IndiaLGEINDIAPositive +1
Rolling sentiment Positive +54
- V-Guard IndustriesVGUARDPositive 0
Top pick in consumer electrical space.Rolling sentiment Positive +15
Source
Read the original at CNBC-TV18More LG Electronics India news
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