BofA double downgrades Voltas as medium-term risks its offset strong AC demand

By Yahoo! Finance   |   2 weeks ago
BofA double downgrades Voltas as medium-term risks its offset strong AC demand

Bank of America downgraded Voltas Ltd due to stretched valuations and medium-term concerns, despite strong near-term demand for air conditioners. The stock price target is ₹1,503, slightly above the current price of ₹1,495.

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