Voltas has target of Rs 137: H Thukral

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Voltas has target of Rs 137: H Thukral

Hemant Thukral, VP, Head Derivatives, Asian Market Securtities is of the view that Voltas has target of Rs 137.

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ALSO READ See previous views by Hemant Thukral See what other Experts & Brokerages are saying about Voltas See messages about Voltas Voltas BSE | NSE 28/05/12 Are Mutual Funds betting on Voltas?

Hemant Thukral , VP, Head Derivatives, Asian Market Securtities is of the view that Voltas has target of Rs 137.

Thukral told CNBC-TV18, "Voltas is a pure infrastructure play and the counter has been beaten down from Rs 150 back to Rs 120-121, this is again a base price for it. It is from here that it had given a breakout. The basis is same; the rollovers have been very good in this counter, so target for that would be Rs 137 for the day today."

Disclosure: It must have been recommended to our clients but no personal holdings in the counter.