The company's shares soared 11.92% in six straight trading sessions from its recent closing low of Rs 1,534.10 on 16 August 2024. The stock hit an all-time high of Rs 1,721.60 today. The counter has soared 113.35% from its 52-week low of Rs 806.90 hit on 23 October 2023. On the BSE, 16,712 shares were traded in the counter so far compared with average daily volumes of 2.07 lakh shares in the past two weeks. The stock has outperformed the market over the past one month, rising 14.15% as compared with 0.82% rise in the Sensex. The scrip has outperformed the market in past one quarter, jumping 25.44% as against Sensex's 7.52% rise. The scrip has also outperformed the market in past one year, zooming 101.94% as against Sensex's 23.92% jump. On the technical front, the stock's daily RSI (relative strength index) stood at 72.919. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 1,654.73, 1,585.61 and 1,541.23, respectively. These levels will act as crucial support zones in near term. Voltas is a premier air conditioning and engineering solutions provider and a projects specialist. The company is part of the Tata Group. In addition to room air conditioners, it also has air coolers, air purifiers, water dispensers, water coolers, commercial refrigeration and commercial air conditioning products in its portfolio. The company reported consolidated net profit of Rs 334.23 crore in Q1 FY25, significantly higher from Rs 129.29 crore in Q1 FY24. Total income for the quarter ended 30 June 2024 increased 45.82% year on year (YoY) to Rs 5,001.27 crore. Powered by Capital Market - Live

Voltas has appointed Pheroz Naswanjee Pudumjee (DIN: 00019602) and Aditya Sehgal (DIN: 09693332) as Additional Directors and Non-Executive Independent Directors of the Company for a term of 3 years each, with effect from 30 August 2024.Powered by Capital Market - Live

Total income for the quarter ended 30 June 2024 increased 45.82% year on year (YoY) to Rs 5,001.27 crore. Profit before tax (PBT) in first quarter of FY25 stood at Rs 451.52 crore, up 122.52% as compared to Rs 202.91 crore posted in same quarter last year. The unitary cooling products business continued to outperform the market and maintained its growth momentum. Overall volume grew by 67%. Voltas continued to be a market leader both in split and window air-conditioners with an exit market share of 21.2% as at June 2024. The overall segment revenue grew by 51% to Rs 3,802 crore as compared to Rs 2,514 crore in the corresponding quarter last year. Segment result during the quarter grew by 58% to Rs 327 crore as compared to Rs 207 crore in the corresponding quarter last year. The Electro-Mechanical Projects and Services segment comprises both Domestic and International Projects businesses. The Domestic Projects business with presence in MEP, Water, Electrical & Solar has grown due to a healthy carry forward order book. Timely execution, focus on completion certification and other related project management initiatives have resulted in a robust bottom-line growth. The Domestic Projects continues to grow its order pad and retains a positive outlook, given the increased infrastructure spending in the country. For International Projects Business, projects in UAE and Saudi continue to deliver good performance and drive the revenue growth for the business. Strong project execution, timely assessment of cost and profitability have ensured a better bottom-line performance after facing challenges for the last few quarters. The segment revenue for the quarter was higher by 40%, at Rs 949 crore as compared to Rs 679 crore in the corresponding quarter last year. Segment Result was Rs 68 crore as compared to loss of Rs 52 crore in the corresponding quarter last year due to provisions made on account of delayed collection in overseas projects The engineering products and services segment continued to show a steady performance on the back of a strong order backlog and disciplined execution efforts. Revenue for the quarter was higher at Rs 161 crore as compared to Rs 142 crore in the corresponding quarter last year. Segment result was Rs 45 crore as compared to RS.54 crore in the corresponding quarter last year. Voltas is a premier air conditioning and engineering solutions provider and a projects specialist. The company is part of the Tata Group. In addition to room air conditioners, it also has air coolers, air purifiers, water dispensers, water coolers, commercial refrigeration and commercial air conditioning products in its portfolio. The scrip hit an all-time high of Rs 1,563 in today's intraday session. Powered by Capital Market - Live

Net profit of Voltas rose 158.51% to Rs 334.23 crore in the quarter ended June 2024 as against Rs 129.29 crore during the previous quarter ended June 2023. Sales rose 47.03% to Rs 4903.91 crore in the quarter ended June 2024 as against Rs 3335.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4903.913335.34 47 OPM %8.044.63 - PBDT464.95214.17 117 PBT451.52202.91 123 NP334.23129.29 159 Powered by Capital Market - Live

Voltas has revised the meeting of the Board of Directors which was scheduled to be held on 14 August 2024. The meeting will now be held on 12 August 2024.Powered by Capital Market - Live

Voltas will hold a meeting of the Board of Directors of the Company on 14 August 2024Powered by Capital Market - Live