Elara Capital prefers LG Electronics, V-Guard as consumer durable makers face margin strain

CNBC TV18 reported that Elara Capital prefers LG Electronics India and V-Guard among consumer durable makers, which it says face margin strain. Harshit Kapadia, Vice President for industrial, defence, railway and consumer electricals at Elara Securities, was named as the analyst. CNBC TV18 reported that he also sees strong long-term potential in Polycab, despite near-term pressure. Margin strain means pressure on the share of each rupee of sales a company keeps as profit. This is the analyst's view, not Hypeless's. The headline gives no figures, target prices or dates, so there is nothing more to report from it.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18