Page 6 - Voltas

From SBI to IHCL: 23 stocks brokerages are betting for 2023

So far in calendar year (CY22), frontline indices Nifty50 and the S&P BSE Sensex have climbed around 4 per cent each, as against 10-20 per cent fall in most of the global indices

Mehul Kothari recommends to buy Astral, Voltas

The technical analyst from Anand Rathi recommends to keep a stop on Astral at Rs 1,860 and Voltas at Rs 815.

Is the capital goods sector on the recovery path as inflation eases?

Revenue growth estimates have moderated post Q2 but the bottom may be close

RIL, Tata firms top LIC's equity portfolio as insurer's valuation rises

The value of investments in Adani firms more than double in the past year

In season of pollution, here is what your air purifier needs to do

The device must clean up particulate matter, allergens and ultra-fine dust particles

LIC buys additional stake in Voltas for Rs 635 cr via open mkt transactions

Life Insurance Corporation of India (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake. LIC said it acquired Voltas' shares worth Rs 634.50 crore through open market transactions during the period from August 10 to November 4, 2022. The state-owned life insurer increased its shareholding from 2,27,04,306 shares (equivalent to 6.862 per cent) to 2,93,95,224 (8.884 per cent) in Voltas, according to a regulatory filing on Monday. Voltas is engaged in the business of air conditioning, refrigeration, electro-mechanical projects as an EPC (engineering, procurement and construction) contractor both in domestic and international market. Stock of LIC closed at Rs 633.30 apiece on BSE, up by 0.84 per cent, while Voltas scrip ended 1.24 per cent lower at Rs 834.40 apiece.

Mehul Kothari is bullish on Voltas, Aegis Logistics; check why

Right from the month of April 2022; VOLTAS has been trading in a strong corrective mode and has come down from 1300 mark towards 850 mark

Voltas slips 8%, hits lowest level since January 2021 on demand concerns

The management expects demand in Q2FY23 to be subdued for cooling products due to low seasonal demand

Stocks to Watch: ONGC, Reliance, Zomato, Adani Wilmar, IndiGo,Vodafone Idea

Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.

Voltas net profit falls 10.5% to Rs 109 cr; revenue up 55% to Rs 2,768 cr

Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a decline of 10.47 per cent in its consolidated net profit at Rs 109.62 crore in the first quarter ended June 30, 2022

Beaten down consumer durables still weak; Bajaj Electricals may buck trend

Voltas, Havells, Blue Star and Whirlpool need to conquer their crucial hurdles to exhibit bullishness.

Here's why Mehul Kothari is bullish on MCX India, Voltas

According to the technical analyst, MCX India has a classic setup, precise Bullish BAT pattern on the daily chart with N-wave completed near the potential reversal zone.

Voltas tanks 10% on disappointing March quarter results

The EBITDA margin declined by 268 bps YoY to 9.8 per cent on account of higher raw material cost and delay in price hikes.

Voltas signs JV pact with Highly International to manufacture compressors

The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International

Voltas, Blue Star: Trading ideas for consumer durable stocks amid heat wave

Blue Star is in a long term bull trend and may continue to remain a favorite for market participants.

ICICI, HDFC Bank lift Sensex off lows, ends 617pts down; Tata Steel dips 4%

CLOSING BELL: Bajaj Auto, HDFC Bank, ICICI Bank, Axis Bank, HDFC, Nestle India, Bharti Airtel, and Kotak Bank were the only gainers, rising up to 2 per cent

Voltas stock to gain from improving demand led by rising temperatures

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

Voltas gains 4%; nears record high on JV with Hong Kong firm

Highly International and Voltas will hold 60% and 40% stake in the joint venture company, respectively, and the JVC would have equity capital of Rs 250 crore to be contributed in tranches.

Stocks to Watch: SAIL, Adani Power, Tata Steel, Voltas, Oil India, BEML

Shares of Oil India will be in focus as the company has approved investment of Rs 6,555 crore in its subsidiary Numaligarh Refinery.

Margin pressures may cap upsides for Voltas; Dec quarter show mixed

After two dismal seasons, the sector is hoping for a recovery this year