The "Devil" is Back! 👿 Onida’s Bold Turnaround Strategy #shorts #onida #investingindia #stockmarket

Can this iconic Indian brand reclaim its glory? 📺 MIRC Electronics has officially rebranded as Onida Electronics Ltd as of May 2026, marking a massive strategic shift . Key Takeaways: New Leadership: Ex-Samsung/BSH executive Gunjan Srivastava is now CEO, driving an "Affordable Premium" strategy . The PLI Pivot: Onida is moving from TV assembly to B2B manufacturing with a ₹51.5 crore commitment to the White Goods PLI scheme . Debt-Free Goal: The board has approved the sale/redevelopment of the landmark 'Onida House' in Mumbai to clean up the balance sheet . The Reality Check: Despite the pivot, Q4 FY26 saw a ₹47.36 crore loss and hyper-competition remains a major risk . Is Onida a "Dixon-style" growth story in the making or a value trap? Watch the full analysis on Strategic Pulse India! #Onida #MakeInIndia #StockMarket #BusinessStrategy #Turnaround #Investing #IndiaBusiness