BUZZ-Jefferies upgrades Whirlpool India to 'hold' after sharp fall, budget tax relief

Whirlpool of India WHIR.NS up 3.7% at 1219.95 rupees

Jefferies raises to 'hold' from 'underperform', saying budget's income tax cuts is positive for consumer durables demand

Says WHIR's valuation is better after sharp ~35% slide as parent Whirlpool WHR.N cuts stake; adds that could give WHIR more autonomy

Raises FY26-27 EPS estimates by 5-8%, with FY25-27 profit CAGR at +22%

Stock rated 'buy' on avg by 12 analysts, mean PT of 2032 implies a ~67% upside -LSEG