Voltas, Whirlpool shares surge up to 5% as Panasonic exits washing machine, refrigerator segments in India

Voltas and Whirlpool shares climbed up to 5% after Panasonic said it would exit the Indian washing machine and refrigerator segments, citing weak market presence and mounting losses. The Japanese giant is shutting down related operations at its Jhajjar plant as part of a broader restructuring, shifting focus to air-conditioners and TVs.