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07 Nov 2026, 06:48 IST

Voltas Limited

HDFC Securities · REDUCE · target INR 1,145/sh

The report downgrades Voltas to REDUCE from Add with a lower SOTP-based TP of INR 1,145, citing weak UCP segment margins, Voltbek JV losses, and a reduced target multiple reflecting cost pressures.

From HSIE Results Daily 07 Nov 26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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