Accumulate Voltas on declines: Deven Choksey

Deven Choksey of KR Choksey Shares & Securities told CNBC-TV18, "Voltas is a company which remains fundamentally very strong. One wants to look at the infrastructure proxy and one wants to look at India geography as well the Middle East geography then probably the likes of Larsen & Toubro and the likes of Voltas cannot be missed out."

"From a point of view looking at this particular company from investment, for longer period of time, I would think that one could hold this into the portfolio and probably stay invested. Maybe any corrective downside since this particular stock has ran up in a shorter term it might have some amount of correction maybe some amount of downside that could be used as an accumulation opportunity. So would certainly think that this are the ideas which one could possibly have in the portfolio, accumulate when the market gives the opportunity at the down levels," he added.