Buy Voltas, target Rs 570.0 : Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Voltas Ltd. with a target price of Rs 570.0 . The current market price of Voltas Ltd. is 534.55 Time period given by analyst is week when Voltas Ltd. price can reach defined target. Shrikant Chouhan recommended to keep stoploss at Rs 530
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of ₹ 17960.42 Cr.) operating in Miscellaneous sector.

Voltas Ltd. key Products/Revenue Segments include Electrical Goods which contributed ₹ 3623.47 Cr to Sales Value (66.21 % of Total Sales), Contract Revenue which contributed ₹ 1159.63 Cr to Sales Value (21.18 % of Total Sales), Sale of services which contributed ₹ 641.92 Cr to Sales Value (11.72 % of Total Sales), Other Operating Revenue which contributed ₹ 39.22 Cr to Sales Value (0.71 % of Total Sales) and Scrap which contributed ₹ 8.35 Cr to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2017.