Consumer Durables Sector

Indian benchmark indices staged a strong intraday recovery on May 18, 2026, despite a sharp opening selloff caused by escalating US-Iran tensions, Brent crude crossing $111 per barrel, and the rupee hitting record lows. IT and pharma stocks supported the rebound as Nifty and Sensex closed marginally in the green.

Shares of Amber Enterprises India witnessed their steepest fall since May 2022 despite reporting strong Q4 FY25 earnings, margin expansion, and robust growth in electronics and railway businesses. The sharp correction was driven by concerns around future margin pressure, rising copper costs, and stretched valuations.

According to data from the end of the June quarter, the promoter and promoter group businesses controlled 70.50% of Welspun Living.

Its revenue from operations climbed 19.6% year on year to ₹4,198.77 Crore, up from ₹3,510.84 Crore in the same period last year.

The Mysuru plant's current capacity utilisation is approximately 78% of its installed production capacity of 3 lakh KL per year.

The engineering goods and services segment generated ₹156 Crore in revenue, up from ₹142 Crore in the previous year.

While Crompton’s core performance was strong, losses in BGAL led to flat PAT.

Sheela Foam dominates the north and west, while Kurlon dominates the south and east.

Jawa is expected to receive an annual remuneration of Rs 21.43 crore in his new position.

Dixon is targeting the commencement of Xiaomi smartphone production by August-September.