Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
567.85
Change Change %
-10.80 -1.87%

Updated:19 Sep, 2018, 15:59 PM IST

BSE
568.20
Change Change %
-10.60 -1.83%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
30-06-2015 Sell 318.20 265.00
N/A
Target Hit Custom
30-06-2016

Nomura Downgrades Voltas to Underperform

Nomura has downgraded Voltas to 'underperofrm' from 'buy' for target price of Rs 265 per share. Nomura said that the AC market is slowing down from what was forecasted earlier and air-conditioning business was the key driver for earnings. Nomura has cut its FY16/FY17 earnings per share (EPS) estimates by 12-16 per cent.

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