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Don’t miss the latest developments in business and finance.
New norms likely to hit demand, keep CG Consumer stock under pressure
The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators
Outlook positive for CG Consumer despite home appliance firm's Q1 miss
Market share gains in key categories and entry into premium kitchen appliances are positives
US-based Advent International sells 5.36% stake in CG Consumer
The PE firm had sold 6% in February 2021
CG Consumer: Analysts see strong earnings growth led by lighting segment
According to analysts, heightened competition in pumps and geysers business impacted Q3 performance, despite robust 28% surge in premium fans' sales
