IRCTC has bottomed out near Rs 560 zone and given a decent pullback towards Rs 630 levels where the stock has been in consolidation and has given a strong positive candle.

IRCTC, Voltas, NAM India: How to trade these stocks amid the results buzz?

The upcoming factory, at Madharapakkam in Thiruvallur district of Tamil Nadu, is spread over 150 acres and the company has planned to invest over Rs 500 crore for room AC manufacturing, over the next couple of years.

Voltas begins work on Rs 500-cr AC factory in Tamil Nadu | The Financial Express

The construction of the new manufacturing facility is spread over 150 acres

Voltas Tamil Nadu facility plan on track, to invest Rs 500 cr for room ACs

Voltas has begun the groundwork for a new air conditioner manufacturing plant at Thiruvallur district in Tamil Nadu

Voltas begins work on AC manufacturing plant in Tamil Nadu

Cooling products maker Voltas on Friday said it has performed the groundbreaking ceremony for the construction of its new air conditioner making unit at Tamil Nadu’s Tiruvallur district.

Voltas to build new air conditioner manufacturing unit in Tamil Nadu

Equity markets in India closed slightly higher due to late buying. Realty index rose 1.10% and FMCG increased by 0.69%. On the contrary, metal, commodities, energy and financial services were the top laggards. HDFC Bank shares have corrected by nearly 5%, and the medium-term chart structure remains …

Big movers on D-Street: What should investors do with HDFC Bank, Chalet Hotels and Voltas?

Based on the OI percentage, 61 stocks were on the short-covering list. These included Oracle Financial, Lupin, Pidilite Industries, Samvardhana Motherson International and Voltas.

Trade setup for Thursday: Top 15 things to know before the opening bell

The Voltas stock is currently at a crucial level with an immediate support of ₹776 and major support at ₹744. Nearest resistance is at ₹834 and ₹869. After weaker-than-expected Q4 results, the stock slumped sharply, but is expected to move in a narrow range with a positive bias in the short term. F&…

F&O Strategy: Voltas: Implement long strangle

HDFC Securities recommended reduce rating on Voltas with a target price of Rs 750 in its research report dated April 27, 2023.

Reduce Voltas; target of Rs 750: HDFC Securities

YES Securities recommended Neutral rating on Voltas with a target price of Rs 840 in its research report dated April 27, 2023.

Neutral Voltas; target of Rs 840: YES Securities

Prabhudas Lilladher recommended hold rating on Voltas with a target price of Rs 848 in its research report dated April 27, 2023.

Hold Voltas; target of Rs 848: Prabhudas Lilladher

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Voltas Limited is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services.

Voltas Ltd