Buy Voltas, target Rs 590: Sagar Doshi

Buy Voltas at a price target of Rs 590 and a stop loss at Rs 515 from entry point.

Sagar Doshi of Edelweiss Financial Services has a buy call on Voltas with a target price of Rs 590.

The current market price of Voltas is Rs 541.55.

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 515.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 17,803.25 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.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-03-2017, the company has a total of 330,884,740 shares outstanding.
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