cmp: Rs 163.45
target price: Rs 190
Q4 Numbers are lower than our estimates mainly because lower revenue and profit-booking in the projects segment have reduced earnings downwards in FY09 in view of the high steel and aluminium prices, which may constrain margin expansion, especially in the engineering services and products segment
Thursday, May 22, 2008
Buy Recommendation - Voltas
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment