NSE: VOLTAS · 29 October 2026
- VOLTAS has risen 10.02% over 2 trading sessions; today's move is +2.88%.
- Voltas informed the exchange that the Office of the Deputy Commissioner State Tax in Mumbai issued an order on 9th October 2026 accepting the company's contentions and dropping a show cause notice issued for the financial year 2022-23. The notice had previously alleged wrongful availment of Input Tax Credit and short payment of tax amounting to ₹15.43 crores alongside a penalty and interest demand of ₹14.79 crores. The favorable order grants complete relief to the company regarding this litigation matter.
- Trading volume was 2.20 times the 20-day average daily volume.
VOLTAS share price: 10.02% rise over 2 trading sessions
Voltas Ltd shares advanced 2.88% today, settling at ₹1,041.00 after moving within a intraday range of ₹1,008.70 and ₹1,041.00.
The broader market demonstrated positive momentum, with the benchmark Nifty rising 1.05%, while the Nifty Auto sector index slipped 0.24%. Voltas outperformed broader sectoral trends, aided by sustained short-term momentum following a 5.25% gain over the preceding five trading days.
While no single same-day corporate announcement directly triggered today's price action, recent market coverage highlights broader strength across cooling product equities amid steady demand expectations. Company filings from earlier in the financial year also note robust segment performance, including a strong market leadership position in Room Air Conditioners alongside expanding manufacturing capacities.
18.49 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 8.39 lakh shares (2.20 times). The five-day average daily volume was 11.58 lakh shares. Separately, the NSE report for 28 October 2026 showed 10.22 lakh shares delivered, representing 32.00% of that day’s traded volume. The same report recorded 87,688 trades.
The upward price movement occurred alongside elevated trading volumes at 2.2 times the 20-day average, extending recent gains without a specific same-day news catalyst. The price action appears consistent with broader investor engagement in cooling product equities.
Latest Company Developments
Voltas informed the exchange that the Office of the Deputy Commissioner State Tax in Mumbai issued an order on 9th October 2026 accepting the company's contentions and dropping a show cause notice issued for the financial year 2022-23. The notice had previously alleged wrongful availment of Input Tax Credit and short payment of tax amounting to ₹15.43 crores alongside a penalty and interest demand of ₹14.79 crores. The favorable order grants complete relief to the company regarding this litigation matter.
Removes a potential financial and regulatory liability, providing legal certainty regarding historical tax filings.
The Board of Directors approved entering into a Binding Term Sheet with Atomberg Innovation Private Limited to establish a 50:50 joint venture in India. The proposed entity will focus on the development, manufacture, and commercialization of Room Air Conditioner compressors. The initiative is aimed at building indigenous manufacturing capabilities and enhancing supply chain resilience.
Strengthens localization and long-term supply security for key cooling components, supporting the company's core manufacturing operations.
Voltas reported consolidated total income of ₹4,765 crores for the quarter ended 30 June 2026, compared to ₹4,021 crores in the corresponding period of the previous year. Net profit increased to ₹213 crores from ₹141 crores, driven by strong growth in the Unitary Cooling Products segment where room air conditioner volumes grew 45% year-on-year.
Demonstrates robust top-line growth and margin expansion, supported by strong summer demand and market share gains.
Voltas Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Proposed Joint Venture with Atomberg Innovation Private Limited.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 15.48% on 30 September 2026. This compares with 15.58% on 30 June 2026, a change of -0.10 percentage points.
The filing reported 33 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress and definitive agreement finalization for the proposed compressor joint venture with Atomberg.
- Sustained delivery volumes and cash market participation relative to the 20-day average volume.
- Demand trends and channel inventory updates across the Unitary Cooling Products segment ahead of upcoming quarters.
- Order execution and order book conversion within the Electro-Mechanical Projects and Services segment.
Other Dated Coverage
- VOLTAS Share Price Today: Why VOLTAS Is Falling 3.95% | 23 October 2026 — 23 October 2026
- Voltas Ltd. in Focus After GST Authority Drops ₹30 Crore Tax Demand | 14 October 2026 — 14 October 2026
- Voltas in Focus After GST Authority Drops ₹30.22 Crore Demand Notice | 13 October 2026 — 13 October 2026
More VOLTAS news and dated analysis →
Frequently Asked Questions
What is the latest VOLTAS company news?
Voltas informed the exchange that the Office of the Deputy Commissioner State Tax in Mumbai issued an order on 9th October 2026 accepting the company's contentions and dropping a show cause notice issued for the financial year 2022-23. The notice had previously alleged wrongful availment of Input Tax Credit and short payment of tax amounting to ₹15.43 crores alongside a penalty and interest demand of ₹14.79 crores. The favorable order grants complete relief to the company regarding this litigation matter.
How strong was VOLTAS’s trading volume?
18.49 lakh shares traded, 2.20 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.