No chill for AC stocks as unseasonal weather dampens demand, delaying demand recovery
Muted guidance, lower margins and shorter summer have left India’s air conditioning industry struggling. Experts now say the long-awaited recovery may be pushed further away to FY27.
Muted guidance, lower margins and shorter summer have left India’s air conditioning industry struggling. Experts now say the long-awaited recovery may be pushed further away to FY27.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
