Another 3-4% price hike needed to protect margins; Equirus likes LG Electronics, Blue Star, Voltas

Manoj Gori, Director–Equities at Equirus Securities, said demand remains strong and inventories have normalised despite higher prices. He expects room AC volumes to grow around 20% in H2 FY27, while favouring LG Electronics for its margin performance and Blue Star and Voltas in the room AC segment.