Share Price Voltas Whirlpool Stock Price Is On Fire Buy Call AC Demand Heatwave In India | Share Price: As the sale of AC increases in summer, the share price of these companies is increasing

Voltas Share Price: Heatwave in India has been going on all over the country since April. And as the heat increases, the sale of AC increases and its effect on the stock market also. AC Making Company Share Price and the share price of selling companies are increasing. It seems that all the investors who invested in the shares of this air conditioner manufacturing company, have won the lottery.

Nifty CG index jumped 800 points

Shares of air-conditioner manufacturers jumped in the early trading session on Monday, April 22. The stock price has increased at a huge rate on this day. The consumer durables (Nifty CG) product index has seen a jump on this day. The Nifty Consumer Durables index rose 822 points. The index is now trading at 33,584 points, up 2.52 percent.

This brokerage firm is giving a bullish signal

Shares of Tata-owned Voltas are the biggest gainers among air-conditioner manufacturers. Shares of Voltas are trading up 6.64 percent at Tk 1387 today. Since the start of 2024, the stock has returned 42 percent to its investors. Shares of this company have returned 70 percent in the last 6 months, even 30 percent in 1 month. Global brokerage house UBS has given a bullish signal on shares of Voltas. The company has given a target of Rs 1885 on the share price. According to the brokerage firm, Voltas’ market share may increase further in this scenario.

Huge jump in stocks of AC manufacturers

Not only Voltas, but also AC-Whirlpool company’s share price has gone up a lot. Whirlpool’s stock is now trading at Rs 1,255, up 5.76 percent. On the other hand, the stock of Havells India is also increasing with the heat. This stock is trading at 1554 rupees with an increase of 3.49 percent. This is not the end, the stock of Blue Star has also increased by 2.37 percent in today’s market. On the other hand, the share price of Amber Enterprises, an AC manufacturer of various brands, has increased by 1.48 percent and is now trading at Tk 3700.

(Note: The information provided here is for informational purposes only. It is important to note that investing in the market is risky. Always consult an expert before investing money as an investor. ABPLive.com Never advise anyone to invest money here. This share market related news is provided here for educational purpose only. We do not call or tip about any shares. )

Read more: Stock Market Today: The market has turned around, these stocks are the best ‘gainers’-‘losers’ in the green market today