*Voltas Ltd.* Pole & Flag Pattern: Monthly Basis Strong Price BreakOut/Volume Consolidation
*With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company* India’s leading air conditioning and engineering Services Co. (Tata Group Co.) Leader in the RAC segment with YTD 25.8% Mkt. Share. With forecasts of a strong summer / No expectations of any further COVID disruptions, seasonal demand = strong.
Qtrly Sales Improving, Profitability yet to increase. Yrly basis, Sales/Profitability gaining traction. Likely to improve further. Low Equity, Low Leverage, Substantial C&CE. Improving Ops. Cash Flow. Substantial Continued increase in FII stake since Mar'21.
*Concern:* Input cost inflation may disrupt the profitability in the short-term.
*Do Your Own Research as Well. This is Just an Opinion.* Your Opinion may Differ and is Respected. Happy Investing :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.