WHIRLPOOL OF INDIA (BOM: 500238) Shares
ABOUT WHIRLPOOL OF INDIA
Whirlpool of India Limited is a leading manufacturer and marketer of major home appliances in India. The company has a history dating back to the late 1980s, when it first entered the Indian market as part of the Group’s global expansion strategy under a joint venture with TVS group.
Operating initially in the washing machine sector, the company expanded its portfolio in 1995 with the acquisition of Kelvinator India Limited, establishing an entry into the refrigerator market.
In the same year the company also acquired major shares in a TVS joint venture and later in 1996, the Kelvinator and TVS acquisitions were merged to create Whirlpool of India Limited.
This move further expanded the company’s portfolio on the Indian subcontinent to include washing machines, refrigerators, microwave ovens and air conditioners.
OVERVIEW OF WHIRLPOOL OF INDIA
Whirlpool of India Limited enjoys approximately US Dollar 21 billion in annual sales, with 92 000 employees and 65 manufacturing and technology research centers. The company is strongly placed to benefit from growing consumer demand to drive future growth.
This growth in demand is driven primarily by rising incomes, increasing urbanization, a growing middle class, changing lifestyles and easy financing schemes. The company has been focused on making strategic investments in order to secure its position as a lead player in this new channel.
- As such, the company has also focused on its expanding production and distribution facilities in India.
- To this end, along with focusing on strengthening the company’s foothold in the mass and mass premium segments, Whirlpool of India Limited has secured itself a notable presence in these premium segments with the launch of advanced global products that are a combine design, technology and innovation.
VISION & VALUES OF WHIRLPOOL OF INDIA
Whirlpool of India Limited’s corporate ethos is focused on sustainability. To this end, the company works to deliver a high performance and aesthetically designed products while reducing its environmental footprint.
The company was among the first brands to embrace the energy labeling programme, declaring energy ratings for all its products in these categories.
- The company’s products have been consistently reengineered to maintain a high percentage of efficiency.
MARKET PERFORMANCE OF WHIRLPOOL OF INDIA
Whirlpool of India Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under stock symbol BOM: 500238.
Data from the company’s 2019 financial analysis shows Total Income grew by 8.5% on the previous year. The company delivered Profit Before Tax of Rs 626.5 crores at 11.4% of Total Income, registering a growth of 16% on the previous year. The company generated cash of Rs 402 crores from operating activities, over Rs 384 crores on the previous year.
Whirlpool of India Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.
LATEST NEWS WHIRLPOOL OF INDIA
Buy WHIRLPOOL OF INDIA stocks / shares – A Step by Step Guide how to Buy / Purchase WHIRLPOOL OF INDIA Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy WHIRLPOOL OF INDIA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN WHIRLPOOL OF INDIA STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE WHIRLPOOL OF INDIA STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of WHIRLPOOL OF INDIA stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy WHIRLPOOL OF INDIA stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?