Voltas Ltd. News and Updates

Name: Latest research reports of Voltas Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Voltas Ltd.
Rating: 3
Author: Motilal Oswal

Keep track of all breaking news on Voltas Ltd. from all sources in a single place.

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Voltas Ltd.

15 Feb 2021

1388.10

-1.71%

Strong performance raises expectations of blockbuster summer sales

Neutral: Voltas Ltd.

Target

Motilal Oswal

VOLT's 3QFY21 earnings were 31% better than our expectation, led by betterthan-expected execution in the EMP segment, strong volume growth in the UCP segment, with ongoing cost rationalization leading to higher margin. It has retained its numero uno position in Inverter Air Conditioners/Room Air Conditioners (RAC) with a market share of 21.8%/26% in Dec'20. Share of Inverter ACs now constitutes 60% of RAC sales (v/s 49% in 3QFY20). With a rise in commodity prices, the management has undertaken a 5-6% price increase across the UCP segment, with COVID-related cost cuts providing a cushion to margin. We believe the risk to margin exists in this highly...

Voltas Ltd. is trading above its 150 day SMA of 1325.6

Voltas Ltd.

12 Feb 2021

1388.10

-1.71%

Voltas Profit Rises 47% To Rs 129 Crore In December Quarter

NDTV Profit

The revenue from unitary cooling products for comfort and commercial use segment increased by 40 per cent.

Voltas Ltd. is trading below its 200 day SMA of 1411.5

Voltas Q3 profit jumps 46 per cent at Rs 129 cr

Business Line | 12 Feb 2021 2 more

Voltas Ltd.

18 Nov 2020

1388.10

-1.71%

VOLTAS LTD

Hold: Voltas Ltd.

Recommendation Target

Geojit BNP Paribas

With volume recovery in both UCP and EMP in upcoming quarters, we expect the topline to improve gradually. However, focus remains on the firm's ability to control costs in order to recoup margins. Hence we...

Voltas Ltd. is trading above its 150 day SMA of 1325.6

Voltas Ltd.

13 Nov 2020

1388.10

-1.71%

Buy Voltas; target of Rs 775: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on Voltas recommended buy rating on the stock with a target price of Rs 775 in its research report dated November 09, 2020.

Number of FII/FPI investors decreased from 719 to 689 in Jun 2025 qtr

Voltas Ltd.

10 Nov 2020, 10:05AM

1388.10

-1.71%

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

Business Standard

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

Voltas Ltd. has an average target of 1400.14 from 7 brokers.

Voltas Ltd.

09 Nov 2020, 12:19PM

1388.10

-1.71%

Voltas hits fresh record high on restructuring plan of B2B business

Business Standard

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.

Voltas Ltd. has an average target of 1400.14 from 7 brokers.

Voltas Ltd.

09 Nov 2020, 12:00AM

1388.10

-1.71%

Strong franchise, but risk-reward no longer attractive

Neutral: Voltas Ltd.

Recommendation Target

Motilal Oswal

Voltas' (VOLT) 2QFY21 earnings were 37% better than our expectation, largely led by better-than-expected execution in the EMP segment and higher margins in the UCP segment. VOLT has sustained its no.1 position in Room Air conditioners (RAC) and further improved its market share to 26.8% in Aug'20 (YTD 26.4%). Inventory level with the company stood at ~110 days, which is higher than normal, but should normalize by Dec'20-Jan'21. On the recent restructuring of business announcement, management was clear that the exercise is not aimed at selling off/demerger of the projects business....