Voltas Stock News Today

The global brokerage firm UBS upgraded Voltas rating from Neutral to Buy, raising the target price to Rs 1800 from Rs 885 previously. This adjustment suggests an upside potential of 38% from the previous close of Rs 1300.

The companys joint venture (JV) with Turkey’s Arcelik is expected to boost market share and profitability as its poised to break even in FY26.

HSBC is bullish on the stock. It has maintained a ‘buy’ rating on the stock expecting that the company's unitary cooling products (UCP) division will witness a significant increase in profitability.

This is giving undue advantages to air cooling solutions players discounting the higher demands in Q1FY25 sales. Over the medium-term, demand outlook we expect a higher 2 digit sales growth can be reported due to warning headlines, said Prashanth Tapse, Mehta Equities Ltd.

Instead of the heat wave, factors such as increase in affordability of products and steady launches of differentiated products for driving FMEG firms revenues.

Voltas stock shows resilience, hitting a 52-week high but facing resistance. With positive RSI, experts recommend buying for a target of Rs 1150 in 2-3 weeks, supported by stable trading near 50-DMA.

Sumeet Bagadia of Choice Broking has chosen Tata Groups Voltas as his ‘Budget 2024 Pick’. Bagadia has recommended a ‘Buy’ on the AC manufacturing stock at ₹1,057 and up to ₹1,020 for a target price of ₹1,175 and ₹1,250.

The consumer durable stock rose from Rs 859 as of December 15, 2023 to Rs 947 recorded on 22nd December 2023 which translates into an upside of over 10% in a week.

Voltas Ltd Share price NSE, BSE today: check share/stock price of VOLTAS, get live NSE/BSE stock price of Voltas Ltd with financial reports, peer comparisons, stock performance, about company, shareholding pattern, SWOT analysis on Business Today.

Voltas failed to meet net profit and EBITDA margin estimates for the quarter ended September.