News for Whirlpool of India Limited (WHIRLPOOL.BO)

Voltas: Whirlpool Corp is considering selling a 31% stake in its Indian subsidiary, attracting interest from private equity giants like Advent, Bain, and TPG. The sale aims to raise $550-600 million, with Whirlpool Corp retaining a 20% stake and increased autonomy for the Indian unit.

Whirlpool Corp is considering selling a 31% stake in its Indian subsidiary, attracting interest from private equity giants like Advent, Bain, and TPG. The sale aims to raise $550-600 million, with Whirlpool Corp retaining a 20% stake and increased autonomy for the Indian unit.

Amidst market volatility, high beta stocks experienced steeper declines, with many falling significantly from their peaks. Low beta stocks demonstrated greater resilience, declining less on average. Factors like global trade tensions, FII selling, and concerns over corporate earnings have contributed to market wobbles. However, recent FII buying and expectations of India's economic outperformance offer some tailwinds.

March has historically favoured the bulls, delivering positive returns in 10 of the last 15 years; analysts say there may be some recovery

The analysis revealed that nearly 96% (255) of low beta stocks have dropped by double digits from their 52-week peak, with 5% (13 stocks) falling over 50%.

Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NWHIR.NS - Whirlpool of India LtdQ3 2025 Whirlpool of India Ltd Earnings CallFeb 07, 2025 / 10:

The company had posted a net profit of Rs 29.93 crore during the October-December quarter a year ago

Stocks including Titan Company, Swiggy, Tata Power, Aadhar Housing, Whirlpool, Religare, Birla Corp & PC Jewellers and more will be in the spotlight on Wednesday, February 05.

Power Grid, Gland Pharma, Lupin, Godrej Properties, Garden Reach, JK Tyres, DOMS Industries, Castrol India and more will be in the spotlight on Tuesday, February 04.

This week, 748 companies will announce quarterly earnings, with key results expected from Asian Paints, Titan, Airtel, SBI, M&M, ITC, and LIC. Sector highlights include Power Grid, Divi's Labs, Tata Power, and Bharti Airtel, among others. Notable earnings announcements span from February 3 to February 8, indicating a busy week for the markets.

Sensex rose 5 pts to 77,506 and Nifty fell 26 pts to 23,482. Market cap of the BSE-listed firms stood at Rs 423.76 lakh crore today.

Blue Star, Whirlpool of India, Swiggy, Kalyan Jewellers Zomato and Crompton Greaves shares rose up to 5.22% on BSE.

US-based Whirlpool Corp announced a reduction of its stake in Whirlpool of India from 51% to around 20% by one or more market sales, generating $550-$600 million. The move aims to increase the Indian unit's autonomy and focus on growth, despite a share price drop by 20% after the announcement.

US-based Whirlpool Corp announced a reduction of its stake in Whirlpool of India from 51% to around 20% by one or more market sales, generating $550-$600 million. The move aims to increase the Indian unit's autonomy and focus on growth, despite a share price drop by 20% after the announcement.

Whirlpool Corporation plans to reduce ownership stake in Whirlpool of India to 20% by 2025 for growth and autonomy.

Stock Market Highlights: The Indian benchmark indices finished higher, driven by gains in financial stocks and Reliance Industries, despite a steep decline in Tata Motors. Tata Motors shares dropped 7% following a significant fall in Q3 profit due to weak car sales.

US appliances maker Whirlpool Corp. plans to reduce ownership in its India unit to nearly 20% by mid to late 2025 through one or more share sale, the company announced on Thursday.

PG Electroplast Ltd partners with Whirlpool of India to manufacture washing machines, boosting "Make in India" initiatives.

Indian benchmark indices edged higher as IT and consumer stocks provided support, aided by rupee depreciation. The BSE Sensex fell marginally, while Bharat Electronics and Tata Investment Corporation shares showed gains. However, experts predict that external and internal factors will limit sustained market rallies.