With Covid-related restrictions imposed by states hitting sales in the ongoing quarter, companies are also pinning hopes on extended summer and brighter festive season to make up for the revenue loss
The pressure built by the new wave of the pandemic has forced the company to play a catch-up when it comes to meeting expected sales numbers
Voltas' total income in the January-March quarter jumped 25% to Rs 2,683 crore as compared with Rs 2,150 crore in the year-ago period
Life Insurance Corporation of India (LIC) on Monday, 19 April 2021, purchased 46,000 equity shares, or 0.02% stake, of Voltas through the stock exchanges.
The rise in share price indicates that an investment of Rs 25,000 in a company in March last year is now worth Rs 1,85,348.