HDFC Securities suggests buying Voltas shares, setting a new target price. Voltas, a large consumer durables company, reported strong financial results for the recent quarter. Revenue increased significantly compared to the previous year. However, a weaker first quarter is expected next year. Growth is projected to recover later, driven by regulatory changes. Revenue and profit estimates have been adjusted downwards.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets