Voltas: The demand for home air-conditioners has been rising in double digits

2011-05-08
The Voltas stock has underperformed the market in recent months on worries over chaos in the West Asian region — where it has a presence. However, we think the concerns are overdone, as Voltas' West Asian exposure is currently limited to Abu Dhabi and Qatar, which aren't significantly impacted by the turmoil.
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