Sunday, March 07, 2010
VOLTAS
Voltas is known for air-conditioners. It’s scorching hot and consumers now have to pay more for air-conditioners. How is this stock doing? Voltas found nice support at the 200-day simple moving average. It has now moved above its 100-day SMA. The down move in January was on heavy volume. To sustain this rally, it has to pick up some more volume. The current PE ratio of 22.
See recent ET interview
Long-term view
by Admin at Sunday, March 07, 2010 |
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