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White Goods- Muted Earnings, Stock Price Performance Over FY20-23; Model Recovery In FY24-26: ICICI Securities
Structural headwinds that may impact DCF valuations
05 Dec 2023, 12:32 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>Refrigerators, air conditioners on display inside Vijay Sales store in Mumbai, (Photo: Usha Kunji/ Source: BQ Prime)</p></div>](https://media.assettype.com/bloombergquint%2F2023-09%2F560ee555-9083-4f70-9823-75566e9edd0d%2FRefrigerators__air_conditioners_on_display_inside_Vijay_Sales_store_in_Mumbai___Photo_Usha_Kunji_Sou.jpg?rect=853%2C0%2C3755%2C2112&auto=format%2Ccompress&w=200)
Refrigerators, air conditioners on display inside Vijay Sales store in Mumbai, (Photo: Usha Kunji/ Source: BQ Prime)
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