Hi Disha, why share of Voltas slipping even after posting such a good result. how the share will move next week.
Answer
Answer
Voltas has fallen below the Rs.1,000 mark and the fall is largely because the stock is technically weak. There is no concern on the stock at fundamental level, although at 6.6 times book value, the stock is surely expensively priced. Expect pressure in short term.