Republishing our views on Whirlpool India

We wrote about Whirlpool India in December 2021 at the time when a large PMS house was selling the stock and it had not delivered any returns since March 2020. That time many investors were of the view that the weakness in Whirlpool’s share price should be bought. We evaluated the risk-reward and wrote our view in a twitter (now X) thread. You can go to that thread by following the link here or clicking on the picture below:

Today there was a bulk deal from the MNC promoter entity to reduce stake in Whirlpool India which made us revisit the stock. From the time of writing the above thread, the stock is down by about 33% while the overall market returns have been super awesome. This is a massive real loss as well as a loss of wealth-creating opportunity.

We have evaluated the risk-reward at the current market prices and we will share our views this week.

If you are interested to know more about our us, please feel free to write to gaurav.a@nineonecapital.in