Buy Voltas, target price Rs 1150: Motilal Oswal
Voltas Ltd. with a target price of Rs 1150.
The current market price of Voltas Ltd. is Rs 1046.
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 34676.72 Crore) operating in Consumer Durables sector.
Voltas Ltd. key Products/Revenue Segments include Electrical Goods, Contract Revenue, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 2363.73 Crore, down -31.08 % from last quarter Total Income of Rs 3429.83 Crore and up 28.97 % from last year same quarter Total Income of Rs 1832.74 Crore. Company reported net profit after tax of Rs 68.81 Crore in latest quarter.
