Voltas shares fall 18% as brokerages back Atomberg JV

Voltas is a company that makes air conditioners and other cooling products.

Recently, the price of Voltas shares went down by about 18 percent over six months.

That means people who bought the shares lost some money.

But the company actually made more money than before.

Its profit jumped by 53 percent in the first quarter of the year.

Voltas also sold more air conditioners than its competitors.

Some smart money experts, called brokerages, still like the company.

They are excited about a new partnership with another company called Atomberg.

Together they will make important air conditioner parts in India.

This could help Voltas get parts more easily and save money in the future.