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Moneycontrol India :: News :: Voltas should do well: Jani :: Voltas :: Stocks Views :: Hemang Jani,Sharekhan,Voltas
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Voltas should do well: Jani
2008-05-16 13:29:25 Source : Bazaar/CNBC-TV18
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Hemang Jani of Sharekhan is of the view that the overall result of Voltas was better than expectations and if one looks at the operating margins they have reported about 9.9% which is better than last year and this is despite the way commodity prices have shot up. Voltas should do well in the short run.

Jani told CNBC-TV18, "Voltas, we think that the overall result of Voltas was better than expectations and if one looks at the operating margins they have reported about 9.9% which is better than last year and this is despite the way commodity prices have shot up. Iin the conference call the management has indicated that they are looking at acquisition of about Rs 1 to Rs 10 billion in the water treatment and supply side and so we think Voltas should do well in the short run."

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