BNP Paribas initiates coverage on Whirlpool with neutral rating

0 min read Updated on 14 Jul 2026, 02:01 AM

Reviewed by

Radhika SScanX News Team

AI Summary

BNP Paribas analyst Edward Magi initiated coverage on Whirlpool with a Neutral rating and a price target of $43, indicating an expected performance in line with the market.

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BNP Paribas analyst Edward Magi has initiated coverage on Whirlpool with a Neutral rating and announced a price target of $43. This rating suggests that the stock is expected to perform in line with the broader market. The price target provides a specific valuation benchmark for investors to consider.

The initiation of coverage by BNP Paribas adds a new perspective for market participants tracking Whirlpool. Analysts typically provide ratings and price targets based on their assessment of a company's financial health, market position, and future growth prospects.

Historical Stock Returns for Whirlpool

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.50%	-2.61%	-5.83%	-1.90%	-46.27%	-64.42%

What factors could drive Whirlpool's stock to outperform the Neutral rating?

How might Whirlpool's competitive landscape impact its ability to meet the $43 price target?

What are the key risks that could lead to a downgrade from the current Neutral rating?

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Whirlpool of India receives tax demand of ₹15.52 lakh for FY 2019-20

1 min read Updated on 04 Jul 2026, 07:09 AM

Reviewed by

Ashish TScanX News Team

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AI Summary

Whirlpool of India received a tax demand of ₹15.52 lakh for FY 2019-20 from the Office of Additional Commissioner of State Tax, Bihar. The order includes tax, interest, and penalty under GST acts. The company stated there is no material impact on its operations.

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Whirlpool of India has received a tax demand and penalty order from the Office of Additional Commissioner of State Tax, Bihar. The order, dated July 02, 2026, was received on the same day and pertains to the financial year 2019-20. The total demand amounts to ₹15.52 lakh, comprising tax, interest, and penalty under the IGST, CGST, and SGST Act, 2017.

The breakdown of the demand includes a tax of ₹6,96,018, interest of ₹7,74,696, and a penalty of ₹80,812. The order was issued under section 73 of the relevant GST acts. The company disclosed this information in a filing submitted to the stock exchanges on July 03, 2026.

Details of the Order

The following table outlines the specifics of the tax demand received by Whirlpool of India:

Component	Amount (₹)
Tax Demand	6,96,018
Interest	7,74,696
Penalty	80,812
Total	15,51,526

Company Response

Whirlpool of India stated that there is no material impact of this order on its financial, operational, or other activities. The company is currently evaluating the matter and intends to take appropriate action in response to the demand. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Whirlpool