HomeNewsBusinessStocksPick Voltas on declines, says Sukhani

Pick Voltas on declines, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may buy Voltas on any minor dip.

July 05, 2019 / 15:19 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Among the midcaps Voltas is ideal. There is a significant rally coming in. Any minor dip in it is an investment opportunity or a short-term or a position trading opportunity. I don’t see it as a swing trade for a couple of days. The other is Larsen and Toubro (L&T)."

On December 16, 2013 Voltas was quoting at Rs 114.45, up Rs 0.85, or 0.75 percent. It has touched a 52-week high of Rs 1,058.20.

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The company's trailing 12-month (TTM) EPS was at Rs 5.44 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 21.04. The latest book value of the company is Rs 44.81 per share. At current value, the price-to-book value of the company was 2.55. The dividend yield of the company was 1.4 percent.

first published: Dec 16, 2013 05:25 pm

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