Voltas Shares Dip Amid Cautious Brokerage Views on Demand

Shares Dip Amid Cautious Brokerage Views on DemandB rokerages like HDFC Securities cut FY26 revenue estimates by 3-4%, citing subdued Q3 demand and rising costs, with recovery eyed from FY27. Antique flagged high inventories as a drag, while Nirmal Bang sees Q4 normalization. JM Financial noted: "Situation improving, but not time to rejoice—Q3 decline milder than Q2 due to pre-buying ahead of Jan 2026 energy norms."