Buy Voltas, target Rs 611.40: ICICI Direct

Buy Voltas at a price target of Rs 611.40 and a stop loss at Rs 592.50 from entry point.

ICICI Direct has a buy call on Voltas with a target price of Rs 611.40.

The current market price of Voltas is Rs 594.15.

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

ICICI Direct recommended to keep a stop loss at Rs 592.50.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 19,864.67 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 30-09-2017, the company has a total of 330,884,740 shares outstanding.
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