bullish

Voltas Ltd

Voltas: Muted Demand Continues Amid Rising Cost Pressures. Maintain ADD

88 Views21 Dec 2025 10:03
Broker
We attended Voltas' analyst group meeting. Management indicated that demand continued to stay subdued in Q3. The industry decline, however, was less pronounced compared to Q2
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  • Introduction
  • Current Market Demand
  • Margin Pressures
  • Projection and Valuation
  • Conclusion
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