Markets

Buy Voltas, target Rs 685: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on Voltas with a target price of Rs 685.

The current market price of Voltas is Rs 627.65.

Time period given by the analyst is intraday when Voltas price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 600.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 20,767.98 Crore) operating in Miscellaneous sector.

The company's top management includes Mr.Anil George, Mr.Arun Kumar Adhikari, Mr.Bahram N Vakil, Mr.D Sarangi, Mr.Hemant Bhargava, Mr.Ishaat Hussain, Mr.N N Tata, Mr.Nani Javeri, Mr.Pradeep Bakshi, Mr.R N Mukhija, Mr.Sanjay Johri, Mr.V Deshpande, Ms.Anjali Bansal.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 330,884,740 shares outstanding.

Original Article

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