BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
Voltas Ltd., has been losing market share and its year-to-date August market share stood at 22.8% and exit market share at end of August stood at 23%; Market share loss is on thin volumes as this is the lean quarter for room air conditioner.
Voltas being a market leader will play a balance card managing both market share and margins. Margins are expected to be lower as competition continues to be intense and players will continue to fight for market share.
Volt‐Bek has seen subdued demand on lower consumer sentiment which resulted in volume decline.
The projects business was marred by provisioning of Rs 1064 million related to international project where its contract was terminated by main contractor and its bank guarantee was encased.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
