Voltas, Blue Star, Crompton rally up to 5% as delayed monsoon extends AC demand window
Cooling product makers surged on below-normal rainfall (34.3 mm vs 47.7 mm LPA) prolonging summer sales. Axis Securities flagged Voltas (target ₹1,900) and Blue Star as top picks, citing supply constraints supporting margins. Voltas hit ₹1,698; Crompton at ₹275.60.
What happened
AC maker stocks Voltas, Blue Star, Crompton rallied up to 5% on delayed monsoon and below-normal rainfall boosting cooling product demand expectations. Axis
Key facts
- 5%
- ₹1,698
- ₹275.60
- ₹1,370
- ₹1,196
- ₹1,590
- 34.3 mm
- 47.7 mm
- 90% LPA
- ₹1,900 target
Why this matters
Constrained component supply and a hot, dry stretch make this an opportune moment to lock in OEM capacity, compressor sourcing, or bolt-on cooling-adjacent targets before peers move.