Voltas shares surge 10% amid two-fold growth in Q1 profit
The surge in demand is driven by the country's growing middle class with increased disposable incomes and increasing urbanisation.
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Hot summer to boost AC sales; volumes to grow 15-20% in FY24
The government's Production Linked Incentive (PLI) scheme has received a strong response with a committed capital outlay of ₹4,806 crore, says ICRA.
Why are Tata group shares Voltas, Trent trading higher?
Shares of Voltas rose as much as 4.25% to touch an intraday high of ₹1,325, while Trent rallied 8.5% to hit a 52-week high of ₹1,274.1 on the BSE.
