Buy Voltas, target Rs 650: Shubham Agarwal

Buy Voltas Ltd. at a price target of Rs 650.0 and a stop loss at Rs 604 from entry point.

Shubham Agarwal of Motilal Oswal Securities has a buy call on Voltas with a target price of Rs 650.

The current market price of Voltas is Rs 618.10.

Time period given by the analyst is 'Intra Day' when Voltas price can reach defined target.

Shubham Agarwal recommended to keep a stop loss at Rs 604.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 20,451.99 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.N N Tata, Mr.Nani Javeri, Mr.Pradeep Bakshi, Mr.R N Mukhija, Mr.V Deshpande, Ms.Anjali Bansal.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-12-2017, the company has a total of 330,884,740 shares outstanding.
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