Page 2 - Voltas

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

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