Voltas reported a lacklustre performance in Q2. Despite a convincing set of investment moats, a sharp rally in the stock's price in recent times restricts upside. (image) Q2 FY20 review Positives - Healthy revenue accretion in Unitary Cooling Products and Engineering Products segments - Consolidated employee costs, as percentage of sales, were lower - Unitary cooling product segment’s margin has improved - Consolidated interest cost saw a reduction - Consolidated other income was higher Negatives - Consolidated top line was flat - Electromechanical Project’s revenue de-grew - No major expansion in gross...
Moneycontrol Pro Panorama | Catch-22 for markets
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In today’s edition of Moneycontrol Pro Panorama: A quality bet, PPL’s tryst with market, what Adani buy means, Guruspeak and more
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Central banks have a trust problem with financial markets over their ability to steer economies towards a soft landing
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