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MUKUNDAN MENON
Super-efficient ACs could cut energy use by 60%, industry leaders discussExperts unveiled a vision for super-efficient, humidity-optimized ACs that can cut energy use by 60% and halve peak power demand. This inno...- Warm February fuels 30% surge in summer product sales; beverage, ice-cream and AC makers cheerSummer arrived early this year, boosting sales of drinks, ice-creams, and air conditioners by up to 30 per cent in February. This early hea...
- Accurate forecasting tough as currency shocks, FTA uncertainty, supply disruptions weigh: Consumer chiefsAmid currency swings, volatile commodity prices and global trade uncertainty, leaders at Voltas, Tata Consumer Products and Bisleri Interna...
- Stocks in news: IRFC, Voltas, IDFC First Bank, Alembic Pharma, LupinMarkets declined sharply on Tuesday due to weak global cues, with the Nifty retesting crucial support near 25,400. Several stocks like IRFC...
- Voltas expects summer demand to revert to 2024 levelsVoltas anticipates a strong summer season ahead. Demand is expected to rebound to 2024 levels after a dip last year. The company projects a...
- Voltas looks to hike AC prices by 5-15% this year owing to cost pressuresVoltas anticipates a 5-15 percent increase in air conditioner prices this year. This rise is driven by higher copper prices and a weakening...
- Longer winter pours cold water on summer loading of consumer companiesSummer product sales are off to a slow start. An extended winter and leftover stock from last year have delayed the usual sales cycle. Comp...
- Voltas shares tank 5% after weak Q3 results. Should you buy, sell or hold?Voltas shares were down 5% after its net profit dropped 35.4% year-on-year in the December quarter of FY26. Revenue also saw a slight dip. ...
- Voltas Q3 Results: Profit slumps 35% to Rs 84 crore, revenue dips marginallyLeading air-conditioning maker and engineering services provider Voltas Ltd on Thursday reported a 35.4 per cent decline in its consolidate...
- Infra, AC firms eye gains from India’s data centre investment boomMajor Indian companies like Larsen & Toubro, LG Electronics India, Voltas, and Blue Star are set to benefit from a surge in data centre inv...
- Voltas Q2 Results: Profit plunges 76% to Rs 31 croreAir-conditioning manufacturer and engineering services provider Voltas Ltd on Thursday reported a 76.28 per cent decline in consolidated ne...
- Out with the old, in with the cool new AC: Govt working on scheme to replace units that are over 10 yrs old with freshThe power ministry is devising a plan to encourage consumers to replace old, energy-inefficient air conditioners with new five-star rated m...
- Buy Voltas, target price Rs 1,420: HDFC SecuritiesHDFC Securities suggests buying Voltas shares, setting a new target price. Voltas, a large consumer durables company, reported strong finan...
- I-Sec maintains Buy on Voltas., lowers target price to Rs 1,575ICICI Securities maintains a Buy call on Voltas with a revised target price of Rs 1575. Voltas reported a 16.13% increase in Consolidated T...
- Pradeep Bakshi steps down as Voltas MD and CEOPradeep Bakshi steps down as Voltas MD and CEO after over 20 years, with Mukundan Menon set to succeed him from September. Under Bakshi's t...
- Blue Star fears coronavirus may affect April productionChina supplies several components for air conditioners made in India. Shortage of these components could affect AC production in India. "We...
- Blue Star to double capacity to 1 million from 2022The company is building a Rs 180-crore plant at Sri City in Andhra, the work on which will begin in 2021 and will be completed by 2022.
- Blue Star targets 13.5% market share in FY20In the current year the market share of the company has increased by 0.5 % to 12.8% as it performed better than the industry , said C P Muk...
- Blue Star targets 10% market share in water purifiersThe company which forayed into water purifiers about two years ago reckons that the growth potential for the product is quite high in the c...
- Blue Star eyes Rs 3,000 crore revenue from product business in FY18The company currently retails commercial refrigerator, water purifier apart from air-conditioners and had registered Rs 2,500 crore revenue...
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