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StockYard ( SEBI RA )

24th Nov · SEBI-Registered Analyst

📈 LIC Raises Stake in Tata’s Voltas — Despite Weak Q2 Results 🏢📉➡️📈

LIC has increased its holding in Voltas to 7.09%, purchasing 67.44 lakh shares from the open market over the past two months. However, Voltas posted a sharp 76% drop in Q2FY26 net profit to ₹31.5 crore, with revenues down 10% to ₹2,347 crore due to soft AC demand and GST deferment. Despite the weak numbers, the stock has rebounded 30% since May — though it still trades 24% lower year-to-date. #Voltas #LIC #TataGroup #MarketUpdate #QuarterlyResults #StockMarketIndia #InvestingNews #BluechipStock #StockYardResearch

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