Expect Voltamp to touch Rs 650-665: Shardul Kulkarni

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Expect Voltamp to touch Rs 650-665: Shardul Kulkarni

Expect Voltamp Transformers to touch Rs 650-665: Shardul Kulkarni

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Excerpts from Power Breakfast on CNBC-TV18 Watch the full show » ALSO READ See previous views by Shardul Kulkarni See what other Experts & Brokerages are saying about Voltamp Trans See messages about Voltamp Trans Voltamp Trans BSE | NSE 30/05/12 Are Mutual Funds betting on Voltamp Trans?

Shardul Kulkarni of Angel Broking feels that momentum should continue in Voltamp Transformers . He expects a target price of Rs 650-665 over the next 5-7 sessions.

Shardul Kulkarni told CNBC-TV18, "Voltamp Transformers has recorded a surge in volumes over the past 3-5 sessions and we would expect the momentum to continue in this particular case. Rs 545 would be the stoploss. The recommended levels would be Rs 570-590. We would expect a target price of Rs 650-665 over the next 5-7 sessions. The momentum should continue in this particular case."