This smallcap home appliances stock rallies 23% since April 1: What’s buzzing?

Shares of the smallcap home appliances major Whirlpool of India have rallied a substantial over 23 per cent since April 1, 2025. The stock, after a positive opening today (April 30), however, traded with a cut at around 12:52 pm at Rs 1,260.05, down over 2.4 per cent or Rs 31.05. 

The stock’s day high and low prices are Rs 1,309.55 and Rs 1,237.65 apiece on the BSE.

Despite the sharp gains, the stock is trading over 48 per cent below its 52-week high price of Rs 2,450 scaled last year on October 22, 2024.

Whirlpool share news: PE Funds eye stake in Whirlpool’s India arm

Reportedly, several private equity (PE) funds, including the likes of TPG, Advent International, Carlyle and KKR among others are approached for buying Whirlpool’s India business. Earlier, after the company’s promoter- Whirlpool Corporation, announced its intent to reduce its stake in the home electronics company to nearly 20 per cent – the stock recorded a steep fall from its 52-week high price.

Expert view 

Rajesh Sinha, Sr.  Research Analyst at Bonanza Group said, “Whirlpool, one of the first electronic brands to enter India in the late 1980s, has not been able to scale up compared to its peers like LG, Samsung, and Haier. With this stake sale, the company will become a minority stakeholder, which will help it have minimal interference in shaping its future. This is a great opportunity for PE funds to get a piece of the pie by taking control, turning the business around, and increasing its valuation.”

The US parent had earlier said that reducing shareholding will result in “increased autonomy” at the Indian unit, allow it to focus on accelerated growth, and utilize its well-funded business to invest further, he added.