Voltas: Muted Demand Continues Amid Rising Cost Pressures. Maintain ADD
We attended Voltas' analyst group meeting. Management indicated that demand continued to stay subdued in Q3. The industry decline, however, was...
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Voltas: Navigating Headwinds: A Slow Start to FY26. Maintain BUY
Management noted a ~20-25% YoY Room Air Conditioner (RAC) volume decline across both the industry and company in April and May, due to the early...
278 Views
HSIE Results Daily: Tata Motors, Siemens, Voltas, Metro Brands, Apollo Tyres
Tata Motors: While the US tariffs have come down from the peak tariffs of 27.5% for both Europe and UK exports, they nevertheless remain higher...
232 Views
Consumer Durables & EMS (Q3FY25): Demand slackens post some festive cheer
RAC continues to shine aided by second summer season and normal channel inventory thereby supporting overall industry growth. Timely onset of...
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HSIE Results Daily: Larsen & Toubro, Prestige Estates, Voltas, Kaynes Technology
Larsen & Toubro: Larsen & Toubro (LT) reported revenue/EBITDA/APAT at INR 615.5/63.6/33.9bn, a beat/(miss) of 6.3/0.6/1.5%
436 Views