Whirlpool India stock short-term & Long-term Targets

 What are the Short term price Targets of Whirlpool stock?

Whirlpool Stock has not given good returns to its shareholders from last many months when Indian stock market is at peak but From last few days we have seen some good movement in the price of Whirlpool stock from 1385rs to 1600rs price and after this we had seen profit booking in the share from the higher levels or we can say that with selling pressure into the Indian stock market, especially into the Midcap and small cap stocks , Whirlpool stock price had also reached at the level of 1422rs to 1428rs but it had taken support at these levels.

Short Term Price Targets of Whirlpool Stock:

If in the Coming few trading sessions,Whirlpool India Stock will not break price level of 1380rs or 1365rs & start trade above 1489rs above 1490rs then in the short term we may see whirlpool stock price up to 1600rs to 1700rs+.

What is the long term Price Targets of Whirlpool stock?

The market capitalization of Whirlpool India is approximately Rs 18,432.57 Crores. The P/E ratio has ranged from a low of 35.23x in March 2022 to a high of 80.41x in March 2021 over the past 5 fiscal years. Whirlpool India's P/E ratio for the fiscal years ending March 2019 to March 2023 has averaged 57.13x.

There are various factors which can contribute into the long term growth story of Whirlpool India Ltd.

Profitability and financial performance:

The company's increasing net profit and sales growth year-over-year is a positive factor for long-term price targets. The company's healthy interest coverage ratio and low debt levels are also seen as favorable for its growth prospects

Market demand and brand strength:

Whirlpool is a well-established and trusted brand in India, which boosts customer demand for its products. The company's products are related to daily lifestyle needs, ensuring consistent market demand.

Investor interest and shareholding structure:

The high promoter holding of 76% and increasing foreign institutional investor (FII) ownership are viewed positively. The public and domestic institutional investor (DII) holdings also contribute to the stock's long-term appeal

Capacity utilization and expansion plans:

Whirlpool is operating at only about 50% of its total capacity, leaving room for revenue growth without significant additional capital expenditure. The company's focus on productivity increases and meeting rising market demand is seen as a positive factor

Macroeconomic and industry factors:

Revival of overall economic growth in India, which drives consumer spending, is crucial for the industry's long-term prospects. Commodity price fluctuations, particularly for inputs like steel, can impact the company's profit margins. Currency risk from imported raw materials is another factor that can affect the company's financials.

Long-term Price Targets of Whirlpool stock:

In the long run, we may see increase in the demand of Domestic appliances in India. As per the Indian weather forecast, we will see hottest summer days ahead, Therefore demand of refrigerators & Air conditioners will increase, especially into the Rural Areas. Also, SBI Mutual funds has increase its stake in Whirlpool India, it is a very good sign. Whirlpool India's strong brand, financial performance, market positioning, and growth potential are the key drivers behind the long-term price targets for its stock.

As per Our Research, Long term Targets of Whirlpool Stock should be 1800rs to 2000rs+ in the coming months. Long- Term Investors should accumulate this stock.