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Tuesday 2 August 2016

VOLTAS Q1 result today:

Best Ever Results. Stock to make NEW Lifetime High

BTST TP 390+

August Expiry TP 435

denofwealth est EBIDTA to be 220cr vs Bloomberg 165cr, beating by 33percent

denofwealth est PAT @ 172cr vs Bloomberg est 125 cr bearing by 38 percent

Rising 108percent QoQ

Huge improvement due to benign R/M costs and excellent high margin biz in M East

Suggest positional trade for higher return

Stock can cross 400.

Annualised Eps Rs 18. With PERatio of 30 ( this stock/ industry gets), stock worth Rs 500+ in 9-12 months

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