Sell Voltas, target Rs 585: Pritesh Mehta

Pritesh Mehta of IIFL has a sell call on Voltas with a target price of Rs 585.

The current market price of Voltas is Rs 613.95.

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

Pritesh Mehta recommended to keep a stop loss at Rs 625.


Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 20,314.67 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.N N Tata, Mr.Nani Javeri, Mr.Pradeep Bakshi, Mr.R N Mukhija, Mr.V Deshpande, Ms.Anjali Bansal.


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.