Voltas Stocks: Voltas has solid long-term prospects: 4 reasons it is this week’s stock pick
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Consumer electronics company Voltas continues to face near-term demand and pricing challenges. In the second quarter of 2022-23, it reported a marginal 4.7% y-o-y growth in revenue and a net loss of Rs.6 crore. The third quarter performance is also expected to remain muted due to stiff competition in the room air conditioner (RAC) segment, the slowdown in secondary demand and the lack of price hikes. According to the consensus of analysts