Nuvama upgrades Voltas, Jefferies cuts target price

Nuvama upgrades Voltas to 'Buy' with a higher target price, citing improved margin outlook. However, Jefferies downgrades the stock with a lower target, pointing to near-term demand concerns after the analyst meet. Divergent views reflect mixed sentiment on Voltas’ growth trajectory. ₹240 and ₹210 target prices cited by Nuvama and Jefferies respectively.

📊 STOCKS: VOLTAS | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #BrokerUpgrade