Voltas Limited’s share price saw a marginal decline of 0.10% at 10:15 AM on the NSE on March 5, 2025, closing at ₹1,408.15, ending its six-session gaining streak. The stock opened at ₹1,410.00, reached an intraday high of ₹1,417.75, and hit a low of ₹1,393.55.
Voltas shares have emerged as the top performers in the Nifty Midcap index over the past five trading sessions, registering a 10% gain.
The stock has outpaced broader market trends, driven by expectations of rising demand as India experiences an early onset of summer, even before March has fully unfolded.
The Indian Meteorological Department (IMD) has predicted above-normal maximum temperatures across most regions of India from March to May 2025. Additionally, higher-than-usual minimum temperatures are expected in March, except in Northwest India and the South Peninsula, as per IMD’s warning last Friday.
Voltas recently completed the transfer of its 92% direct investment in Saudi Ensas Company for Engineering Services W.L.L. to Universal MEP Projects, Singapore (UMPPL) on February 28, 2025. The transaction, valued at ₹61.84 crore, was finalised after fulfilling all required conditions and approvals.
This strategic move aligns with Voltas’ broader business objectives, allowing the company to streamline its operations and enhance its global presence. The successful divestment has positively influenced investor sentiment, contributing to the recent surge in the company’s share price.
Founded in 1954, Voltas, a subsidiary of the Tata Group, is India’s largest air conditioning company, offering comprehensive engineering solutions across cooling products, engineering projects, and services.
Voltas’ stock movement over the past few sessions highlights investor response to rising cooling demand and recent business developments. The completion of the Saudi Ensas stake transfer and weather forecasts indicating higher temperatures have contributed to recent gains.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 5, 2025, 10:26 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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