Amazon Great Indian Festival 2020 - Electronics
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Amazon Great Indian Festival 2020 - Electronics
Stock Report

| More

Onida launches smart air conditioners ONYXS and GENIO

Posted On: 2019-03-20 13:15:58


Onida, a leading Indian consumer durables brand announces the launch of new smart AC series - ONYX SMART and GENIO. In the last quarter Onida achieved phenomenal growth of 108% in AC segment, pumped up by its success and the forecasted demand of voice-driven smart technology in Air Conditioners in Indian market, the brand has launched these two new models.

As the air conditioners are powered by a smart voice Integrated Al technology, air conditioners with Inverter features and powerful cooling bundled with other innovative features, keep in mind the summer season, these products will cater to all the segments in the market. These new air conditioners will have ethereal texture and stylish finish and boast of market leading innovations of 4D cooling, 100% copper condenser, Blue fin powerful coating, eco-friendly R-32 refrigerant gas, and smart digital displays. These ACs are designed keeping in mind the mandatory norms meeting the latest ISEER Ratings.

ONYX SMART is a Voice-Integrated Smart Air-conditioner, which works with Alexa, driven by inhouse ViOT (Voice IOT) technology and helps you control the air conditioner with only your voice through the Amazon's Alexa App. The other major AC being launched is GENIO, which in spanish means GENIUS, a product with unique and exceptional features.

Along with the smart voice technology, Onida will also be introducing Magnified Cooling with Multiplier Inverter Technology. This means that ONIDA's Inverter air conditioners delivers 120% magnified cooling in just 30 seconds, cooling beyond the rated capacity of the AC, due to multiplier inverter technology.

Also, ONIDA has developed an unique and powerful Smart Home App, available on both iOS and google Play Store, makes your smartphone the single platform which controls the entire eco-system of remote-operated devices in your home.

Two variants of ONYX SMART series include- Inverter 5 Star and 3 Star in each of 1 Ton and 1.5 Ton categories, and they come at a price range between Rs. 44,990 to Rs. 63,990. Two variants of GENIO in both 1 Ton and 1.5 Ton are 3-star ACs and come at price range of Rs. 46,990 to Rs. 55,990. All ONIDA air conditioners come with 5 years' comprehensive warranty on both indoor and outdoor units, including coverage on PCB, a category first benefit offered by ONIDA.

Commenting on the development, Mr. G. Sundar, CEO - MIRC Electronics Ltd. (Onida) said that, "We are very delighted to launch voice integrated smart air conditioners. We had phenomenal growth in our air conditioners business during the last quarter and we are looking forward to favourable season for the current year.

This new range of products would definitely open up opportunities for us to expand the market and also gain momentum in our revenues under this segment."

Shares of MIRC ELECTRONICS LTD. was last trading in BSE at Rs.22.15 as compared to the previous close of Rs. 21.65. The total number of shares traded during the day was 88362 in over 251 trades.

The stock hit an intraday high of Rs. 22.55 and intraday low of 22. The net turnover during the day was Rs. 1959106.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com

Amazon Great Indian Festival 2020 - Mobiles





Other Headlines:

Vedanta Limited board approves first interim dividend of Rs. 9.50

Calcom Vision Ltd posts Q2FY21 PAT of Rs. 0.33 crore

Rossari Botech Ltd Q2FY21 consolidated net profit higher at Rs. 20.69 crore

Vardhman Textiles Ltd reports Rs. 60.22 crore consolidated PAT in Q2FY21

ICICI Bank gets approval for closing down operations in Sri Lanka

Aditya Vision Limited opens 51st showroom at Manpur, Gaya, Bihar

Ashoka Kandi Ramsanpalle Road Pvt Ltd receives financial closure letter from NHAI

Jasch Industries Ltd Q2FY21 PAT at Rs. 1.83 crore

The Anup Engineering Ltd board to announce Q2FY21 results on Oct 31, 2020

ZF Steering Gear India Ltd Q2FY21 loss at Rs. 0.97 crore

Polycab India Ltd Q2FY21 consolidated PAT rises to Rs. 220.54 crore

KSB Limited to invest in solar power plant SPV

Redington Gulf omcreases stake in Citrus to 100%

Ultramarine & Pigments Ltd board to announce Q2FY21 results on Nov 10, 2020

Mr. Raghav Bahl, promoter of Quint Digital Media Limited decides against converting bulk of the warrants

ITC Ltd board to consider Q2, H1 results on Nov 6, 2020

Persistent Systems Limited appoints Mr. Sandeep Kalra as CEO

Persistent Systems Ltd Q2FY21 consolidated net profit climbs to Rs. 101.98 crore

DXC Technology India Pvt Ltd announces Rs. 56.50 as indicative price for delisting offer of Xchanging Solutions Limited

Huhtamaki PPL Ltd Q3CY20 net profit at Rs. 36.88 crore

LIC Raises Stake to 5.27% in IRB Infrastructure Developers Ltd.

Nestle India Ltd appoints Mr. Matthias C Lohner as Executive Director - Technical

Bank of Baroda approves issue of Basel III compliant AT-1 bonds for Rs. 2755 crore

Punjab & Sind Bank declares IFIN NPA account as fraud

Asian Granito India Ltd Board approves sub-division of equity shares

Supreme Petrochem Ltd Board declares Interim Dividend of Rs. 2.50

Nestle India Ltd board declares interim dividend of Rs. 135

National Plastic Technologies Ltd Q2 PAT at Rs. 0.47 crore

Sudarshan Chemical Industries Ltd Q2FY21 consolidated net profit at Rs. 30.33 crore

Supreme Petrochem Ltd Q2FY21 PAT jumps to Rs. 86.15 crore

Nestle India Ltd posts Q3CY20 net profit of Rs. 587.09 crore

Zenith Steel Pipes & Industries Ltd issues equity shares at Rs. 10

Vippy Spinpro Ltd posts net profit of Rs. 0.75 crore in Q2FY21

Tech Mahindra Ltd arm to acquire Momenton

ICICI Lombard General Insurance Company Limited reports Q2FY21 earnings

Genus Power Infrastructures Ltd Q2FY21 consolidated net profit at Rs. 0.89 crore

Bhageria Industries Ltd Q2FY21 consolidated PAT at Rs. 16.15 crore

WABCO India Ltd posts Rs. 35.10 crore PAT in Q2FY21

Benares Hotels Ltd Q2 loss at Rs. 3.02 crore

Tech Mahindra Ltd Board declares special dividend of Rs. 15

Duncan Engineering Ltd reports net profit of Rs. 1.64 crore in Q2

Control Print Ltd Q2 consolidated PAT rises to Rs. 7.42 crore

Tech Mahindra Ltd arm to acquire Tenzing Group

YES Bank Ltd reports consolidated PAT of Rs. 120.25 crore in Q2

Aarti Drugs Ltd board approves raising of upto Rs. 350 crores

Lupin Wins Five INDIASTAR 2020 Awards for Excellence in Packaging

Aarti Drugs Ltd Board approves interim dividend of Rs. 2.5 for FY21

Alankit Limited enters into agreement to provide eCard printing services

JSW Steel Ltd reports consolidated PAT of Rs. 1593 crore in Q2FY21

Aarti Drugs Ltd Q2FY21 consolidated PAT at Rs. 75.27 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019