BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Short (1M)
Nomura Recommends 'Neutral' On Voltas
According to Nomura, the Voltas-Beko joint venture would be earnings decretive in the next few years. The JV would transform Voltas from a cooling products player to a portfolio white goods player over the medium to long term, the brokerage adds.