 "Earth temperature, ACs, high temeperature, summers, hotter summers, Voltas, Blue Star, Johnson Controls-Hitachi, Lloyds, Symphony, Crompton Greaves Consumer Electricals, HSBC Global Research, heat in June, Blue Star and Hitachi, Crompton Greaves Cons")
Voltas stock price hit a new high at Rs 1,391, surging 7 per cent, in Monday's intra-day deals. Meanwhile, Whirlpool of India stock gained 5 per cent at Rs 1,521. Thus far in the month of April, these stocks have rallied 26 per cent and 25 per cent, respectively. In comparison, the S&P BSE Sensex has slipped 0.22 per cent so far in the current month.
UBS, meanwhile, has upgraded Voltas stock to buy from its earlier neutral rating with 12-month target price of Rs 1,800. Voltas, it said, has successfully reworked its supply chain in the RAC segment,
