11 Mar 2026 | 5 Mins Read
AC Maker Stocks Rise Amid Heatwave Demand
Flipitmoney
Consumer durable stocks Voltas Ltd., Blue Star Ltd., Havells India Ltd., and LG Electronics India Ltd. surged 2.5-5% as a heatwave gripped the country with temperatures over 40 degrees Celsius. Blue Star launched 125 new air-conditioner models, citing potential for significant AC penetration in India, where nearly 150 million households are expected to afford ACs in the future.