Whirlpool shares zoom 11 percent

By SiliconIndia   |   Tuesday, September 29, 2009
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Bangalore: Whirlpool ended the trading as one of the top gainers with a gain of Rs.11.30 or 10.48 percent (provisional). The stock of Whirlpool started trading on positive node and touched 52-weeks high value of Rs.121.95 in the afternoon trade. In all, 761,647 shares were traded throughout the day with a current P/E at 20.93. The 52 week stock price chart is on the left. Whirlpool of India is a manufacturer of home appliances. The company is primarily engaged in the manufacture and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. The company's product portfolio includes food stream solutions, fabric care, air treatment, food preparation, water purification and home uninterrupted power supply (UPS). In the quarter ended June 30, 2009, Whirlpool's net sales was at Rs.60,571 lakh against Rs.53,395 lakh for the quarter ended June 30, 2008. Other home appliances company have also performed well and ended the trading in green zone. Value Industries went up by 13.99 percent, Videocon Industries surged 3.22 percent and Blue Star grew 1.77 percent. With 684,245 units of shares, 'DSP BlackRock Micro Cap Fund' holds the highest number of shares in Whirlpool.
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