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JCHA – Johnson Controls-Hitachi Air Conditioning India Ltd

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Recommendation Rating

3

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 21.76

Low: 19.48

High: 26.07

Total Analysts: 6

Company Profile

Johnson Controls-Hitachi Air Conditioning India Limited is an India-based company. The Company is engaged in the business of manufacturing, selling, and trading of Hitachi brand of air conditioners (ACs), refrigerators, washing machines, air purifiers, chillers and variable refrigerant flow (VRF) systems. Its portfolio of products includes Commercial Air Conditioning & Refrigeration, Residential Air Conditioning, Large-Tonnage Chiller, Compressors, Commercial/Industrial Dehumidifier and Environmental Testing. The Commercial range of ACs includes Cassette ACs, Set Free (VRF) and Chillers. It also offers a hot and cold range of products in both splits and windows. It caters to various sectors, such as entertainment, education, residential, industrial and hospitals. It offers application based ACs for industries, such as telecom and banking.

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