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Voltas stock to gain from improving demand led by rising temperatures

While pricing action is expected, margins may remain under pressure for Voltas.

Notably, the company has also gained share in the inverter AC segment which aided segment margins
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Ram Prasad Sahu
The stock of consumer durable major Voltas has risen about 10 per cent in the last 8 sessions on expectations of improved demand and higher volume growth. Most brokerages are  expecting demand to be strong in the summer season after two consecutive years of muted performance due to lockdowns and unseasonal weather.  

Says Arafat Saiyed, senior research analyst at Reliance Securities, said, “After lockdown and disruption in the last two peak seasons (March-June period), Voltas is set to deliver strong 25 per cent y-o-y revenue growth in the March quarter (4QFY22).” The growth is expected to be led by realisation

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First Published: Mar 22 2022 | 11:34 AM IST

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