Consumer Durables
Latest news, explainers and analysis on Consumer Durables. Tracking 4 stories on Arth Vani.
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Latest on Consumer Durables
IPOBreakingAtomberg Technologies Gets SEBI Approval for IPO; Plans ₹450 Crore Fresh Issue
Smart appliance maker Atomberg Technologies has received regulatory approval from SEBI to launch its Initial Public Offering. The IPO will consist of a fresh issue of ₹450 crore alongside a significant Offer for Sale (OFS) of over 7.65 crore shares.
IPOBreakingAtomberg Technologies Gets SEBI Approval for IPO; Plans to Fund R&D and Debt Repayment
Home appliance startup Atomberg Technologies has received the green light from SEBI to launch its Initial Public Offering (IPO). The company intends to utilize the capital raised for research and development, brand building, and clearing existing debt.
Blue Star's Dual Strategy: Navigating Cost Hikes, Betting Big on Tech Cooling
Despite strong summer AC sales, Blue Star is facing significant profit margin pressure due to rising input costs, prompting a downward revision of its full-year guidance. To counter this, the company is strategically investing in the high-growth data centre cooling sector, aiming for substantial revenue contribution by FY29.
Studds Shares Surge 18% as West Bengal Tightens Helmet Safety Rules
Shares of Studds Accessories reached a 13-week high following reports of increased demand in West Bengal due to stricter traffic enforcement. The company is currently expanding its production capacity to capture a larger share of the organized safety gear market.
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