Sell Voltas, target Rs 602: Sameet Chavan
Sell Voltas at a price target of Rs 602 and a stop loss at Rs 630 from entry point.
The current market price of Voltas is Rs 619.40.
Time period given by the analyst is intraday when Voltas price can reach defined target.
Sameet Chavan recommended to keep a stop loss at Rs 630.
Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 20,619.08 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 30-09-2017, the company has a total of 330,884,740 shares outstanding.
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