Sell Voltas, target Rs 601.20: ICICI Direct

ICICI Direct has a sell call on Voltas with a target price of Rs 601.20.

The current market price of Voltas is Rs 610.40.

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

ICICI Direct recommended to keep a stop loss at Rs 618.90.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 20,169.08 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.

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.