India's Voltas drops on Q2 profit slump
** Voltas VOLT.NS falls 2.3% to 1,299.3 rupees ** Cooling equipments maker's Q2 profit plummets 74% y/y, hurt by lean summer in the country, deferred purchase decisions due to GST cut; rev down 10.4% ** Stock rated "hold" on avg; median PT is 1,417.5 rupees, per data compiled by LSEG ** YTD, VOLT down 27.8% (Reporting by Aleef Jahan in Bengaluru) ((aleefjahan.cs@thomsonreuters.com))
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