Voltas Limited (VOLTAS.BO)
Voltas Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Mumbai, IN. The stock last traded at $1330.00, up 3.20% on the session, giving a market capitalisation of $437.96B. Its beta of -0.14 implies it has historically moved less than the broad market.
Established in 1954 and headquartered in Mumbai, India, Voltas Limited operates as a prominent air conditioning and engineering enterprise with a presence across India, the Middle East, Singapore, and other global markets. The company's operations are divided into three core segments: Unitary Cooling Products designed for both comfort and commercial use, Electro-Mechanical Projects and Services, and Engineering Products and Services. In its cooling segment, Voltas manufactures, distributes, and maintains a comprehensive array of cooling appliances and cold storage solutions, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow (VRF) systems, and chillers. Beyond cooling, the company undertakes various electro-mechanical initiatives, including electrical installations, heating, ventilation, and air conditioning (HVAC) systems, plumbing, firefighting apparatus, extra low voltage (ELV) solutions, and other specialized engineering tasks. Voltas also delivers extensive facilities maintenance and hard services. This encompasses operation and maintenance (O&M) contracts across diverse sectors, annual maintenance contracts (AMCs), retrofitting projects, and energy management solutions. Furthermore, the company provides water treatment systems for industrial, oil and gas, and sewage sectors. It also engages in the sale and servicing of capital machinery for the textile industry, including associated spare parts and accessories, as well as supplying mining and construction equipment. Expanding its engineering capabilities, Voltas offers operations and maintenance services for the mining and construction sectors, fabricates ducts and related accessories, and executes engineering, procurement, and construction (EPC) projects. Its scope of work further includes drilling, irrigation, landscaping activities, and the construction of water treatment plants.
Voltas Limited is most often compared with the following Industrials names: