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saurabh mittal

19th Apr · SEBI-Registered Analyst

Voltas Ltd trading at ₹1,385.45, up 0.73%

VOLTAS
shares are trading at ₹1,385.45, up 0.73% today, amid a BSE Consumer Durables index rise of 0.42%, with technicals showing a potential mid-term rally from ₹1,319.90 after testing resistance at ₹1,357. ICRA reaffirmed 'AA+/Stable' rating with raised limits to ₹4,000 Cr, supporting expansion. Customs demanded ₹10.76 Cr duty + ₹12.76 Cr penalty for imports (2019-2022); company plans appeal. Q2 net profit fell 76% YoY to ₹31.5 Cr on subdued AC demand, GST deferment; shares recovered 0.5%.

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