RAC COMPONENTS

There are talks of the budget being focussed on two things, one giving continued push to investment and second to increase the disposable income in the hands of people. The second could be done by cutting taxes or making changes with the tax slab. W...

AC stocks surge post heatwave, showing robust growth amidst cyclicality risks. Price hikes fuel expectations of strong growth momentum and secondary sales. Market growth relies on cooler penetration driven by purchasing power, not just rising temper...

IRCTC travel insurance: Do you know that IRCTC offers an optional travel insurance policy at just 45 paisa premium per passenger. This policy offers coverage up to Rs 10 lakh in cases of death and permanent disability. God forbid if you perish in a ...

Voltas projects India's room air-conditioner (RAC) market to grow at a robust 12% CAGR, reaching Rs 50,000 crore by FY 2028-29. Intense competition from domestic and global players is expected to escalate, driven by rising summer temperatures, dispo...

The street has got what it was looking for, exit polls predicting a win of NDA which essentially continues the policy making framework which has been in place for the last ten years and has been working well for the economy. There is another thing w...

Speaking about their venture into the consumer durables market, the spokesperson of Amber Enterprises said, “This joint venture is a significant step forward for Amber Enterprises as we continue to expand our presence in the consumer durables market...

"The stock will likely underperform in the near future. However, the business model may work in the long term and investors who have received allotment can hold the shares instead of booking losses at current levels. The financial performance in the...

Epack Durables Share Price: Epack Durables, a leading room air conditioner manufacturer in India, debuted on the stock exchanges with a 4% discount over the issue price. The IPO, which had a healthy subscription of 16 times, included a fresh equity ...

The shares of Epack Durables will debut on the bourses on Tuesday following a successful IPO, which was subscribed 16 times at close. Ahead of the listing, the company's shares are trading with a marginal premium of Rs 6 as against an issue price of...

The PLI Scheme for the air-conditioner industry has been a game changer, increasing domestic value addition from 25% to 45% within a year and a half of its launch. The objective is to reach 75% value addition by FY28. Investments in components like ...

Epack Durables IPO, which received strong subscription of 16.3 times, is expected to finalize allotment today. Investors will be allocated shares through a lottery process. They can check the allotment status on the BSE website or the registrar's we...

The initial public offer (IPO) of Epack Durables picked up pace on Wednesday, the third day of the bidding process with the overall subscription at 16.3 times at close.

Epack Durable is the second largest room air conditioner original design manufacturer (ODM) in India in terms of number of units in FY23. Its current product portfolio comprises room air conditioners where it designs and manufactures complete RACs, ...

Epack Durables IPO opens for subscription today, with a price band of Rs 218-230 per share. The issue includes a fresh equity issue of Rs 400 crore and an offer for sale (OFS) of 1.04 crore shares. Through the IPO, the company plans to raise around ...

Epack Durables IPO comprises a fresh equity issue of up to Rs 400 crore and an offer for sale (OFS) of up to 10,437,047 shares by selling shareholders.

Epack Durables IPO will open for subscription on Friday. The company's shares are currently trading at a premium of Rs 15 in the unlisted market. The IPO consists of a fresh equity issue of up to Rs 400 crore and an offer for sale of up to 10,437,04...

The IPO of Epack Durables, a company that manufactures room air conditioners and small domestic appliances, will open for subscription on January 19 and close on January 23. The company's shares are expected to get listed on both the exchanges. The ...

Epack Durable IPO will be open for subscription from January 19 to January 23. It has set the share price band for its upcoming IPO at Rs 218-230 per share. The minimum bid is for 65 equity shares. The IPO comprises a fresh equity issue of up to Rs ...

Epack Durable IPO: The IPO of Epack Durable, the second largest original design manufacturer (ODM) in the Indian room air conditioner manufacturing market, will open for subscription from January 19 to January 23. The IPO includes a fresh equity iss...