AC Makers Blue Star, Voltas, Havells Shares Climb 5% Due to Heatwave

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AC Makers' Shares Soar Up To 5% Amid Heatwave; New Models, Price Hikes Announced

AC Makers' Shares Soar Up To 5% Amid Heatwave; New Models, Price Hikes Announced

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CNBC TV18•11-03-2026, 11:52

AC Makers' Shares Soar Up To 5% Amid Heatwave; New Models, Price Hikes Announced

•Voltas, Blue Star, Havells, and LG shares surged up to 5% as heatwave grips many parts of India.
•Blue Star launched 125 new room AC models for summer, including energy-efficient and anti-virus tech ACs.
•Temperatures crossed 40°C in several cities; Rajkot and Surendranagar recorded 41°C.
•AC makers announced 5-15% price hikes due to rising raw material costs, weaker rupee, and new energy-efficiency norms.
•Blue Star MD B Thiagarajan sees significant growth, with 150 million Indian households potentially affording ACs.

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