In today’s briefing:
- Voltas Ltd (VOLT IN) | Competition Casualty
Voltas Ltd (VOLT IN) | Competition Casualty
- Voltas Ltd (VOLT IN) has experienced a decline in revenue due to a slowdown in demand, increased competition, and higher commodity prices.
- The Voltas Beko brand has been a ray of hope for the company, with strong growth in demand and market share.
- While there may be an upside in volumes as capex kicks in, but better to be on the sidelines until there is a change in the structure of the industry.
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