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Company updateMoneycontrol

Geojit upgrades Voltas to BUY with Rs 1300 target

Positive+32

GreyOak summary

Geojit Financial Services upgraded Voltas Limited from HOLD to BUY with a revised target price of Rs 1,300. The recommendation follows Q2FY27 results showing a 10.9% revenue increase and an 81.6% rise in EBITDA. The upgrade is based on a 45x FY28E adjusted EPS valuation.

What it affects

  • VoltasVOLTASPositive +32

    Rating upgraded to BUY with Rs 1300 target.Rolling sentiment Positive +30

Source

Read the original at Moneycontrol

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