Rentomojo544915Rental/subscription consumer durables
Rentomojo shares surged over 66% on strong numbers and management commentary about growth headroom in categories like water purifiers
- Stock move today
- up 66.5 percent
- Occupancy rate
- 83 to 85 percent
- Water purifier penetration India
- about 7 percent
- Water purifier penetration South Korea
- about 70 percent
Heard on business television between 15:16:34 - 15:19:34 IST.
- Stock up sharply, 66.5 percent, after strong numbers post recent listing.
- Management said occupancy maintained at 83-85% despite consistent high demand, with some categories occasionally going out of stock.
- Management highlighted low water purifier penetration in India (about 7%) versus South Korea (about 70%), indicating growth headroom.
- Categories like bed, mattress, refrigerator and washing machine cited as growing at high CAGR even in the company's 11th year.
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Source: Live TV News Channel · 6 Oct 2026
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