Whirlpool gains 3% even as Q2 PAT sinks 40%; ICICI Sec maintains 'Reduce'
ICICI Bank moved lower in a quarterly results development for Q2FY27.
· Business Standard Mkts
Whirlpool of India reported a 40% YoY decline in consolidated net profit to ₹25.08 crore in Q2FY27, impacted by inflation fueled by geopolitical instability, crude oil prices & rupee…
Key facts
- Period
- Q2FY27
The analysis
ICICI Bank reported ₹25.08 crore for Q2FY27, with movement of 3% and 40% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.1% on the day at ₹1,571.60, and has returned +9.9% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The banks sector has moved +2.5% over the same period, so ICICI Bank is running 7.4 points ahead of its peers.
This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions. On the day the stock is -1.1%, so a modest reaction.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
Market context
- In focus: ICICI Bank (ICICIBANK), in Banks.
- On the day, 0 of 2 are higher: Whirlpool of India leads at -0.9% and ICICI Bank trails at -1.1%.
- Over three months: ICICI Bank +9.9% against Banks +2.5% (7.4 points ahead); Whirlpool of India +4.4% against Consumer Durables -5.5% (9.9 points ahead).
- At least 25% below the 52-week high: Whirlpool of India (33%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ICICI BankICICIBANK · Banks | ₹1,571.60 | -1.1% | +16.0% | +9.9% | -1.1% | 1.7× | — |
| Whirlpool of IndiaWHIRLPOOL · Consumer Durables | ₹830.20 | -0.9% | +1.6% | +4.4% | -33.3% | 1.9× | — |
Banks
1M +6.3% · 3M +2.5%
ICICI Bank
Consumer Durables
1M +2.6% · 3M -5.5%
Whirlpool of India
Prices as of 11 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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