Should you buy/sell Voltas shares?

ZeeBiz WebTeam

Aug 20,2024

Should you buy/sell Voltas shares?

Do you have Voltas shares in your portfolio? Analysts have mixed views on Tata group AC manufacturer.

Jefferies maintains 'buy' 

The brokerage has a target of Rs 1,770 for Voltas shares. 

Goldman Sachs maintains 'sell' 

The brokerage has raised its target for Voltas shares to Rs 1,310 from Rs 1,200. 

CLSA maintains 'underperform' 

The brokerage has revised its target to Rs 1,310 from Rs 1,190 for Voltas shares. 

How CLSA views Voltas 

According to the brokerage, Voltas is able to regain some of its lost market share in Q1 FY25, an exceptionally strong quarter for the AC maker, though its margin is soft.

Morgan Stanley maintains 'equal-weight' 

The brokerage has a target of Rs 1,225 for Voltas shares. 

Nomura maintains 'buy' 

The brokerage has a target of Rs 1,857 for Voltas shares, citing the company's strong growth outlook. 

Nomura maintains 'buy' 

The brokerage has a target of Rs 1,857 for Voltas shares, citing the company's strong growth outlook. 

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