Neat & Clean Breakout Seen in Voltas|this is going in sky.About Company:-
Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment.
Technical @ Fundamental Analysis:-
We have seen falling trendline breakout in Voltas with huge Volume and MACD bullish crossover,,this all indicate a bullish momentum in Voltas..Price also got retested and move upward after breakout this is another positive indication. So now as we are getting this much positive signals from price action and indicators then definitely we can assume Voltas has taken U turn and now chances are very less to go down and make another low in recent time.
Market Cap
₹ 28,120 Cr.
Current Price
₹ 850
High / Low
₹ 1,348 / 737
Book Value
₹ 169
Dividend Yield
0.65 %
ROCE
13.0 %
ROE
9.62 %
Face Value
₹ 1.00
Debt
₹ 393 Cr.
EPS
₹ 5.25
PEG Ratio
-743
Promoter holding
30.3 %
Intrinsic Value
₹ 131
Pledged percentage
0.00 %
EVEBITDA
42.8
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 31.1%
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