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.
The surge in demand is driven by the country's growing middle class with increased disposable incomes and increasing urbanisation.
The government's Production Linked Incentive (PLI) scheme has received a strong response with a committed capital outlay of ₹4,806 crore, says ICRA.
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.