PINC Research is bearish on Voltas and has recommended sell rating on the stock with a target of Rs 85 in its January 18, 2012 research report.
We interacted with the management of Voltas to understand the reason behind sudden fall in the stock price. The key takeaways are:
- There has been no announcement made by the company in the recent past and there are no pending announcements to be made which could impact the stock price.
- The results would be declared on 14th Feb 2012 and therefore, the management didn
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