The shares of Voltas jumped as much as 5% to Rs 1,411 on the BSE on Monday after the Tata Group company announced that it crossed the milestone of 1 million air conditioner sales in less than three months of the ongoing FY27, achieving the landmark in record time.
Voltas said that the milestone further strengthens its dominant leadership position in the Indian room air conditioner market. “The achievement reflects strong consumer demand, the trust of millions of customers, and the Company’s continued focus on innovation, execution excellence and market expansion. It also follows a series of strategic initiatives undertaken by Voltas over the past year to strengthen its market proposition and accelerate growth,” the company said in an exchange filing on Sunday.