Voltas Ltd

(VOLTAS)

Voltas Reports Strong FY24 Growth Amid Price Dip - 28 Aug, 2024

Voltas Ltd announced a 32% increase in FY24 sales to Rs 12,734 crore and an 82% rise in net profit. However, the share price dipped 0.12% today.

Voltas Shares Surge to Record High - 26 Aug, 2024

Voltas shares hit an all-time high of Rs 1,721.60, rising 12% over six days. The stock has gained 113.35% from its 52-week low and reported a significant increase in Q1 FY25 net profit to Rs 334.23 crore, up from Rs 129.29 crore YoY.

Voltas Stock Anticipated to Rise This Festive Season - 23 Aug, 2024

As the festive season approaches, analysts predict potential gains for Voltas Ltd and similar stocks, citing a strong summer performance that led to over 50% gains in six months.

Voltas Reports Strong Q1 Performance Driven by RAC Demand - 20 Aug, 2024

Voltas Ltd reported a robust Q1 with a 46% revenue growth, driven by strong demand for room air conditioners (RACs) amid heatwaves. The company achieved 1 million AC sales and increased its market share to 21.2%. The Electro-Mechanical Projects and Services (EMPS) business also showed significant improvement.

Voltas Shares Surge Amid Analyst Upgrades and Strong Q1 Results - 19 Aug, 2024

Voltas shares experienced significant movement on August 19, 2024, with multiple analysts upgrading target prices following strong Q1 results. Despite positive growth indicators, some analysts expressed caution regarding management's unchanged guidance and limited margin expansion potential. Overall, the stock hit a record high, reflecting investor optimism.

Voltas Reports Strong Q1 Results, Brokerages Bullish - 18 Aug, 2024

Voltas Ltd reported a net profit of Rs 335 crore for Q1 FY25, up from Rs 129.42 crore last year. Revenue rose 46.46% to Rs 3,359.86 crore. Brokerages Jefferies and Nomura maintained Buy ratings, raising target prices significantly due to strong AC sales and positive EBIT. Despite a cautious outlook on new orders, the company expects margin improvements. Voltas shares closed at Rs 1534.10, down 1% from the previous day.

Voltas Reports Strong Q1 Performance and Profit Growth - 16 Aug, 2024

Voltas achieved a consolidated net profit of Rs 335 crore, a 46.46% revenue increase to Rs 4,921 crore, and sold one million AC units in Q1 FY25.

Voltas Reports Strong Q1 Growth and Profit - 15 Aug, 2024

Voltas achieved a consolidated net profit of Rs 335 crore, with a 46.46% revenue increase to Rs 4,921 crore in Q1 FY25, surpassing Rs 5,000 crore in total income.

Voltas Reports Strong Q1 Results Amid Stake Reduction - 13 Aug, 2024

Voltas Ltd shows impressive Q1 growth with revenue up 46.46% and net profit at ₹335 crore. Analysts maintain positive outlook despite LIC's stake reduction, targeting ₹1,511 per share.

Voltas Reports Strong Q1 Earnings, Shares Surge - 12 Aug, 2024

Voltas Ltd reported a remarkable Q1 FY25 with a net profit increase of 158.5% to Rs 334.23 crore, driven by high demand for air conditioning. The stock surged over 10%, reaching a record high, as total income rose significantly. The company's strong performance in the Unitary Cooling Products segment contributed to these results.

Voltas Share Price Rises Amid Strong Quarterly Performance - 07 Aug, 2024

Voltas shares increased by 0.42% to Rs 1468.9. The stock has surged 77.73% over the past year. The latest quarter saw consolidated sales rise 58.64% to Rs 4257.3 crore, with a net profit of Rs 116.44 crore. However, MACD indicates a bearish bias.

Voltas Share Price Falls by 2.74% - 05 Aug, 2024

Shares of Voltas Ltd. fell by 2.74% to Rs 1448.6, with a bearish bias signaled by the MACD. The stock has climbed 89.86% in the last year and reported consolidated sales of Rs 4257.3 crore for the quarter ended March 31, 2024.

Integrated Core Strategies (Asia) Buys Rs. 51.4 Crore Worth of Voltas Shares - 30 Jul, 2024

Integrated Core Strategies (Asia) has purchased around 3.45 lakh equity shares in Voltas Limited worth nearly Rs. 51.4 crore via a block deal at an average price of Rs. 1,490.35. The stock has delivered positive returns of about 98% in one year and 57.8% YTD.