MediumNeutral
Announced Thu, 18 Jun · 14:01 IST

Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen Sahay

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India's room air conditioner market is expected to see a boost from an extended summer and the El Niño weather pattern, though industry growth is likely to fall short of expectations. Strong retail demand has been offset by conservative primary sales to dealers, which have capped overall industry expansion despite favorable weather conditions.