Future Prospects for Consumer Durable Stocks: Insights from Goldman Sachs
Consumer durable stocks, including those of Havells, Voltas, Crompton Greaves, and Symphony, are poised for substantial growth. Goldman Sachs has revised its targets, predicting a significant rise in air conditioner (AC) sales for FY25, with an expected growth rate of 30%, up from the previous estimate of 15%. Surge in Demand for Cooling Products Goldman…