Stock market analysts are of the view that investors can buy Voltamp Transformers Ltd stock to achieve an intraday target between Rs 844.

According to them, investors can buy the stock with a strict stop loss of Rs 821.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 850.

Shares of the company, on Wednesday (Dec 02), closed at Rs 834.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 916 and a low of Rs 265 on BSE.

Current EPS & P/E ratio of the stock stood at 95.26 & 8.82 respectively.
 
Voltamp Transformers, during the last month, declared that its growth facility at Gujarat has become started its working from October 2009.

The facility is located in the Vadadla village in Vadodara region.

With this development, Voltamp’s manufacturing capacity rose from the existing 9,000 mva per annuam to 13,000 mva annually.

Voltamp Transformers is into designing and constructing a range of transformers with a concentration on the industrial sector.

The company’s major offerings consist of distribution transformers, power transformers and dry type transformers.