STOCK IN NEWS VOLTAS

With the summer heat intensifying, room air conditioner (RAC) stocks are expected to see strong demand. Praveen Sahay, Research Analyst at PL Capital, expects major players like Voltas, Blue Star, and Lloyd to record 20-25% growth in the January-March 2025 quarter (Q4FY25). Blue Star, he says, appears best positioned in the space due to its in-house manufacturing, improved market penetration, and stable margins. He sees strong growth potential in the sector. “Room air conditioner growth is quite huge or strong. Summer so far has been good, and the way forward, the severity of the summer is expected to be very good. Definitely, the volume growth for the industry is expected to come in.”