Meghana V Malkan of malkansview.com told CNBC-TV18, "Voltas is in a new zone and it should hold on. It has broken off the consolidation that was going on after reaching a new high and so I have a long call on Voltas. You can buy with a stop loss of Rs 330 and I would like to place a target of around Rs 355 on the stock."
At 15:21 hrs Voltas was quoting at Rs 329.50, down Rs 7.95, or 2.36 percent. It has touched an intraday high of Rs 342.40 and an intraday low of Rs 329.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!