Shares of the Tata Group company Voltas are in focus today after the company announced it has surpassed the milestone of selling oneย million units within the first three months of the ongoing 2026-27 financial year. Post this update, the stock opened the trading session in the green at Rs 1,397.70, up from the previous close of Rs 1,342 on the BSE. This is a gain of Rs 55.7 or 4.15 per cent. The stock witnessed firm buying post this update and surged to touch the intraday high of Rs 1,411, representing a gain of Rs 69 or 5.14 per cent. However, it witnessed some profit booking, and last seen it was trading at Rs 1,368.70 with a gain of 26.70 or 1.99 per cent. The market cap of the company stood at Rs 45,245.18 crore.ย
According to the Tata Group company, it has achieved a landmark in record time, further strengthening its leadership position in the Indian room air conditioner (RAC) market.
Two-million RAC sales milestone
Earlier in 2023-24, the company claimed to achieve theย industry’s first two-million RAC sales milestone. The Indian RAC industry size is estimated to be approximately 12.5 -14 million units annually.
“Crossing the one million sales milestone within the first three months of a financial year is a significant achievement for Voltas. Achieving this landmark in record time reflects the trust that consumers have placed in our brand and the strength of the execution delivered by our teams and channel partners across the country,” Voltas Managing Director Mukundan Menon said.
The RAC industry expects good sales this year after a dull year in 2025, as sales were impacted due to unseasonal rainfall, along with other factors.ย The industry witnessed good growth in 2024, when several parts of the country witnessed intense heatwaves.
Voltas share price historyย
According to BSE Analytics, the stock has delivered strong returns of 323.65 per cent over 10 years and 74.50 per cent over 3 years. However, it has corrected 8.11 per cent in two years. On a year-to-date (YTD) basis, the stock has dipped 1.48 per cent, compared with a 9.28 per cent fall in the benchmark index.ย
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)