Page 7 - Voltas

Voltas third quarter consolidated net profit down 25% to Rs 97 crore

Voltas Ltd on Friday reported 24.93 per cent decline in The Tata group firm had posted a consolidated net profit of Rs 128.64 crore for the year-ago period, Voltas said in a regulatory filing

Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed

All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively

Voltas reports 31% increase in second quarter profit at Rs 104.29 crore

The company has posted a consolidated net profit of Rs 79.66 crore in the same period last fiscal

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

Demand recovery in durables, growth expectations drive rally in Voltas

The company has been able to gain share in cooling products despite strong competitive pressures

Voltas hits new high, soars 7% on hopes of demand recovery

The stock has rallied nearly 25 per cent in the last eight trading sessions hoping for demand to pick up ahead of the festive season and short summer in West India

Voltas Q1 net up nearly 50% to Rs 122 cr; revenue up 36% to Rs 1,860 cr

The Tata group firm had posted a consolidated net profit of Rs 81.77 crore in the April-June quarter last fiscal, Voltas said in a regulatory filing.

Tata group's Voltas appoints Jitender Verma as chief financial officer

Tata group consumer durables major Voltas Ltd on Monday said it has appointed Jitender P Verma as its chief financial officer (CFO). Verma, who was the senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who has decided to separate from the services of the company due to personal commitments, Voltas Ltd said in a regulatory filing. His appointment is with effect from July 19, 2021, it added. With over three decades of experience in organisations ranging from Asian conglomerates to American and European multinationals, Verma has worked in diversified manufacturing sectors, FMCG - food, agro, retail, electronics, and infrastructure, the company said. He was also Executive Director and Group CFO of Jindal Stainless Ltd. His expertise is "in the area of business strategy and planning, merger and acquisitions, P&L enhancement, restructuring, JV and strategic ..

Trading calls by Ajit Mishra of Religare Broking: Buy HDFC Bank, M&M

HDFC Bank has also rebounded sharply and surpassed the resistance zone of moving averages ribbon on the daily chart

Voltas consolidated net profit jumps 49 pc to Rs 239 cr in March quarter

Voltas Ltd, a Tata Group company and leading air-conditioner manufacturer, on Wednesday reported a 49 per cent jump in its consolidated net profit at Rs 239 crore for the quarter ended March 31, 2021.

SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?

Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index

Losers and gainers in Indian industry as fuel prices climb to record high

Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise

Cool prospects for consumer durable firms as temperature set to soar

Indian Meteorological Department (IMD) expects day temperatures to remain above-normal in select regions across the country between March to May 2021

Rich valuations may weigh on Voltas' cool outlook despite stellar Q3 show

Analysts turn cautious following a near 40 per cent gain in last three months

Voltas Q3 profit jumps 46% at Rs 129 crore; total income rises 32%

The company had posted a net profit of Rs 87.95 crore in the same quarter last fiscal year

Consumer Durables index at new high; Voltas, Crompton, Polycab up over 5%

Havells India reported healthy Q3 performance on the back of strong festive demand, market share gains and increased penetration in smaller towns

Tata group shares rally; Tata Consumer, Tata Chemicals, Voltas at new highs

Among individual stocks, Tata Motors advanced 13 per cent to Rs 250 today in the intra-day trade, surging 26 per cent in the past two trading sessions

Stock suggestions by Gaurav Garg of CapitalVia: Buy Maruti Suzuki, Voltas

The stock of Maruti Suzuki India might show further strength if it moves above 7,620

Voltas impresses street, scores over peers with strong show in Sep quarter

Better than expected performance, market share gains in room ACs improve earnings outlook

Voltas hits fresh record high on restructuring plan of B2B business

In Q2FY21,Voltas reported a healthy performance with consolidated revenue grew by 13 per cent year-on-year to Rs 1,613 crore led by revenue growth in all three segments.