Struggling to breathe in Delhi? 5 companies making air purifiers brokerages are bullish on
[hfe_template id='11223']
[ad_1]
As Delhi and large parts of North India choke under a thick haze of toxic smog, companies that make air purifiers are in the limelight. The government has imposed Stage III of the Graded Response Action Plan (GRAP) in the National Capital Region after the Air Quality Index (AQI) crossed the "severe" mark at 425. For the 30 million residents of Delhi, smoggy skies have sadly become an annual ritual. But beyond health concerns, investors in companies that manufacture and sell air purification and cooling products can benefit. Here’s a look at five listed companies that are likely to see increased interest this winter as pollution levels rise. 1) Blue Star Blue Star is one of India’s best-known air and water purification brands. The company makes a range of air purifiers, coolers, water purifiers, and specialty products, and holds over 10% market share in online water purifier sales.Brokerage Centrum expects Blue Star to deliver a ...