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Voltas shares drop as brokerages predict subdued demand
Voltas shares fell 3% as brokerages revised their outlook, forecasting subdued demand due to rising input costs and slowing consumer demand.
Voltas shares fell by up to 3% amid analyst predictions of subdued demand due to multiple headwinds affecting the company's performance. Brokerages have revised their outlook, citing concerns over slowing consumer demand and rising input costs. The company is expected to face challenges in meeting its sales targets for the upcoming quarter, impacting profitability in the near term.