VOLTAS LTD
Long

Voltas Ltd.

54
*Voltas Ltd.*
Pole & Flag Pattern: Monthly Basis
Strong Price BreakOut/Volume Consolidation

*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*

*Fundamentally Strong Company*
India’s leading air conditioning and engineering Services Co. (Tata Group Co.)
Leader in the RAC segment with YTD 25.8% Mkt. Share.
With forecasts of a strong summer / No expectations of any further COVID disruptions, seasonal demand = strong.

Qtrly Sales Improving, Profitability yet to increase. Yrly basis, Sales/Profitability gaining traction. Likely to improve further.
Low Equity, Low Leverage, Substantial C&CE. Improving Ops. Cash Flow.
Substantial Continued increase in FII stake since Mar'21.

*Concern:*
Input cost inflation may disrupt the profitability in the short-term.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)

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