LG, Whirlpool, Crompton Greaves Shares Hit 52-Week Lows Amid Growth Concerns
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LG, Whirlpool, Crompton Greaves Shares Hit 52-Week Lows Amid Growth Concerns

Shares of consumer discretionary companies LG Electronics India, Crompton Greaves Consumer Electricals, and Whirlpool of India reached 52-week lows due to growth concerns. Analysts attribute this to moderated sales of cooling appliances in the first half of fiscal 2026, influenced by an early monsoon and GST-related deferrals. Elevated commodity prices and intense competition also impacted margins. Recovery is anticipated in the second half of fiscal 2026, driven by GST rate cuts and festive seasons.

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