Profit

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

NSE
553.00
Change Change %
-8.65 -1.54%

Updated:20 Nov, 2018, 12:44 PM IST

BSE
553.95
Change Change %
-8.45 -1.50%

Updated:20 Nov, 2018, 12:49 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Bank of America Merrill Lynch
N/A
02-11-2016 Sell 377.70 315.00
N/A
Target Hit Long (1Y)
02-11-2017

Bank of America Merrill Lynch maintains underperform on Voltas

Bank of America Merrill Lynch has maintained 'underperform" rating on Voltas with a target price of Rs 315. The brokerage sees strong demand during festive season. Competition intensity is likely to increase for the company. Near-term strength factored-in high growth. Increase in reach by competitors is a big threat to Voltas, the brokerage added.

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