Voltas posts Q1 profit growth by 158.5% YoY at Rs 334.23 crore, records 1 million AC sales Voltas reported revenue from operations at Rs 4921.02 crore, up 46.5 per cent as against Rs 3359.86 crore during the… August 12, 2024 10:10 IST
Voltas begins work on Rs 500-cr AC factory in Tamil Nadu The upcoming factory, at Madharapakkam in Thiruvallur district of Tamil Nadu, is spread over 150 acres and the company has… May 27, 2023 00:45 IST
Voltas terminates JV pact with Highly as it fails to get government approval The proposed JV of the Tata Group firm with Highly International was subject to clearance from the government under Press… April 27, 2023 09:54 IST
Rating: buy; Voltas aims for 9% profit margin in the near future Industry consolidation & PLI incentives to drive improvement March 20, 2023 02:15 IST
Rating: buy; Voltas – Q4 should see a 250 bps expansion The company’s both AC and engg sections to witness higher sales February 28, 2023 02:15 IST
AC, fridge sales soar with early summer Sales of air conditioners, coolers, refrigerators and fans have are rising a month early this year, with February heat breaking… February 27, 2023 04:10 IST
Voltas says it’s the leader in split room AC market Virmani had also told Fe that Daikin is targeting a market share of over 20% in volume terms by this… June 25, 2022 07:17 IST
Voltas Rating: Buy- Demand outlook augurs well for the firm Concerns on market share, profitability are likely to be addressed; target price cut to Rs 1,160; ‘Buy’ retained June 14, 2022 03:45 IST
Voltas net profit falls 23.5% to Rs 182.7 crore However, the start of the heat wave from March onwards led to some recovery in the sales momentum. Consequently, revenue… May 6, 2022 02:30 IST
Consumer durables sector expected to grow; BofA believes these stocks may rally as much as 18% Analysts are bullish from a long-term perspective on Havells, Crompton, and Voltas but prefer Voltas and Crompton to Havells in… March 30, 2022 14:24 IST
Stocks to buy ahead of this summer season: Charts show 12-14% upside for these 3 shares; check target prices With a hotter summer expected this year, the writing is on the wall for consumer stocks from the air conditioning… Updated: March 21, 2022 15:06 IST
RIL, Adani Power, BPCL, Oil India, Glaxosmithkline Pharma, Voltas, Yasho Industries stocks in focus Markets will first react to the US Fed meeting outcome in early trade on Thursday. Besides global updates, the scheduled… March 17, 2022 08:06 IST
Nifty short-term texture bullish, level based trading ideal for day traders; Hindalco, Canara Bank top bets On daily charts, the Nifty index has formed a bearish candle which indicates strong possibility of temporary weakness March 16, 2022 08:33 IST
Govt to reopen white goods PLI application window till April 25 The PLI scheme was first notified on April 16, 2021, and its guidelines were published on June 4. March 8, 2022 06:20 IST
Voltas rating – Buy: Results reflect firm’s edge over its peers In our view, the results show VOLT’s competitive edge over peers—in restocking of RACs and price-cost performance. February 21, 2022 00:15 IST
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