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This Article is From Nov 29, 2021

Voltas Management Meet - Healthy Outlook, Leadership In Room Air Conditioner Business Continues: Dolat Capital

Voltas Management Meet - Healthy Outlook, Leadership In Room Air Conditioner Business Continues: Dolat Capital
Floor-standing air conditioners are displayed in a showroom (Photographer Qilai Shen/Bloomberg)

BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Voltas Ltd. is expecting a strong summer season in 2022, as per the current weather prognosis. It is also likely to capitalise on the summer offtake to increase prices, further to the year-to-date 13-15% increase that it has already taken with inventory levels that are normal.

Voltas is increasing its manufacturing footprint with the help of production linked incentive, with a likely joint venture for compressors and other components.

Voltas with its healthy outlook and leadership in the room air conditioner business remains our pick.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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