Consumer Electronics Stocks Plunge: LG, Whirlpool, Crompton Halved. Buy Now?

Business
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News18•02-01-2026, 15:53
Consumer Electronics Stocks Plunge: LG, Whirlpool, Crompton Halved. Buy Now?
- •LG Electronics India, Whirlpool of India, and Crompton Greaves Consumer Electricals hit 52-week lows due to weak demand.
- •Whirlpool's stock more than halved from its 52-week high; Crompton fell 38%, LG India 13% from post-listing high.
- •Weak Q1/Q2 FY26 sales attributed to early monsoon and GST deferrals impacting cooling appliance demand.
- •H2 FY26 demand expected to improve due to GST cuts, festive season, and upcoming summer.
- •LG India's margins affected by competition, high commodity prices; price hike and stable demand may improve profitability.
Why It Matters: Major consumer electronics stocks plummeted, but H2 FY26 outlook suggests potential recovery for investors.
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