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HPCL, BPCL, Eicher Motors, Asian Paints, Kotak Mahindra Bank, Axis Bank and IndusInd Bank were early losers.Shares of Whirlpool of India added more than 3 percent in morning as company is going to increase its capacity.
The company is proposing to enhance its single door refrigerator existing capacity of 21 lakh by 6 lakh per annum from internal sources at an estimated cost of Rs 182 crore to be spent over next two years.
The setting up of additional capacity is being undertaken in line with company's focus strategy and to meet the increasing demand of its products since the present capacity utilization of single door refrigerator is around 94 percent.
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