‘AC’ stocks say, “cool!”

about 4 years ago
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In a bid to boost the domestic air-conditioner (AC) industry, the Govt yesterday banned imports of air conditioners with refrigerants.  

Putting these imports the “non-essential” basket, the ban is a move towards the policy of Atmanirbhar India, promoting domestic manufacturing.

90% of ACs imported into India comes from China and Thailand.

Blue Star rose over 5% to Rs.644, Voltas is up over 4% at Rs.701, Johnsons Control Hitachi went up 5.25% to Rs.2309.90 and Amber Enterprises hit a new high at Rs.2300.

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