ADVERTISEMENT

Voltas Q1 Results Review - Healthy UCP Performance Continues; Recovery In EMP: Dolat Capital

The brokerage has increased its target multiple from 44x to 46x to factor in the company's market share gain in room AC and improvement in EMP profitability.

<div class="paragraphs"><p>A Voltas air conditioner on display inside Vijay Sales. (Source: Usha Kunji /BQ Prime)</p></div>
A Voltas air conditioner on display inside Vijay Sales. (Source: Usha Kunji /BQ Prime)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More