voltas (MerrillLynchBofA) Growth to return

Growth rate expected to improve, albeit at tad slower pace; Stronger new orders & new room ACs to boost India sales; Pick up in Middle East project execution is encouraging; Re-rating to be driven by margin expansion & order pick up
Date Rating Target Price Recommendation Price Broker house
23 May 2011 buy 220 161 MerrillLynchBofA Report

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