WHR's strong earnings and margin expansion have boosted stock gains, but near-term market challenges suggest caution.
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Consumer durable maker Whirlpool of India Ltd on Friday reported a 40.13% rise in its consolidated net profit to Rs 53.53 crore.
We upgrade the stock to Buy with revised target price of Rs 2,483 rolling forward our target multiple to FY27 estimates as the company continues to gain share.