Voltas Ltd

(VOLTAS)

Voltas Added to MSCI Index Amid Price Insights - 07 Nov, 2024

Voltas Ltd. is set to join the MSCI India Index on November 25, 2024, while also being moved to the mid-cap segment of the MSCI Emerging Markets Index. Current trading insights indicate resistance at Rs 1,765 and support at Rs 1,660.

Voltas Maintains Strong Performance with Buy Recommendation - 06 Nov, 2024

Anand Rathi recommends buying Voltas with a target price of Rs 2,018, citing strong revenue growth in the UCP segment and expanding market shares in RACs, refrigerators, and washing machines.

Voltas Reports Strong Q2 Earnings and Growth - 04 Nov, 2024

Voltas Ltd posted impressive Q2FY25 results, with a 14% revenue increase and a 265% jump in PAT. The company maintains a 21% market share in the RAC segment and expects continued growth in its appliance business.

Voltas Reports Strong Q2 Growth and Analyst Upgrades - 31 Oct, 2024

Voltas Ltd shows strong profit growth in Q2 FY25, with analysts maintaining positive ratings and target prices ranging from ₹1,740 to ₹2,070, reflecting robust performance in the UCP segment and market share gains.

Voltas Q2 Results Lead to Significant Share Price Drop - 30 Oct, 2024

Voltas reported a remarkable 272.6% YoY profit increase in Q2, but shares fell over 6% due to a sharp sequential decline in earnings. Despite strong annual growth, concerns over quarterly performance led to a significant drop in stock price.

Voltas Reports Strong Q2 Earnings Growth - 29 Oct, 2024

Voltas Ltd's Q2 results show a net profit surge to Rs 134 crore, driven by strong cooling product sales. Revenue increased 14.3% to Rs 2,619 crore, reflecting robust market performance despite a slight decline in electro-mechanical projects. The company maintains a 21% market share in air conditioning.

Voltas Anticipates Strong Q2 Earnings Growth - 25 Oct, 2024

Voltas is projected to report a significant Q2 performance, with a 262% increase in PAT to Rs 133 crore and 12.4% revenue growth to Rs 2,577 crore. However, margins face pressure from input costs and competition in commercial cooling solutions.

Voltas Stock Rebounds with Increased Trading Volume - 18 Oct, 2024

Voltas Ltd's stock has shown resilience, rebounding from the 50-day EMA and rising 1.73% today. Experts recommend buying for potential gains.

Voltas Upgraded and Proposes Major Investment - 16 Oct, 2024

Morgan Stanley upgraded Voltas to overweight, anticipating strong earnings growth. Shares climbed 3.77% following a proposed ₹4,123 crore investment under the PLI scheme.

Voltas Sees Strong Demand and Investment Opportunities - 15 Oct, 2024

Voltas is actively participating in the PLI scheme for white goods, reporting a significant revenue increase in Q1 FY2025 due to high demand. The stock has also shown impressive growth over the past year.

Voltas Among Major Applicants for PLI Scheme - 14 Oct, 2024

Voltas, along with 37 other companies, has applied for the government's production-linked incentive scheme for white goods, proposing investments totaling Rs 4,121 crore, with a focus on AC components and LED lights.

Noel Tata Appointed Chairman of Tata Trusts - 12 Oct, 2024

Noel Tata has been appointed as Chairman of Tata Trusts following the passing of Ratan Naval Tata. This decision reflects the group's succession planning and leadership continuity.

Voltas Stock Rises Ahead of Noel Tata Announcement - 11 Oct, 2024

On October 11, 2024, Voltas and other Tata Group companies experienced a surge in share prices ahead of an anticipated official announcement, indicating positive market sentiment.

Voltas Expands into Consumer Durables Market - 10 Oct, 2024

Voltas Ltd is transitioning from being an air conditioning specialist to a broader consumer durables player through a joint venture with Beko. This move emphasizes local manufacturing and aims to enhance brand perception while diversifying product offerings.

Voltas Share Price Declines Amid Strong Yearly Growth - 09 Oct, 2024

Voltas shares fell 0.79% to Rs 1786.95. Despite this, the stock has surged 109.66% over the past year. The company reported a 17.48% increase in quarterly sales, reaching Rs 5001.27 crore, with a net profit of Rs 334.23 crore. However, MACD indicates a bearish trend.