Stock market analyst Dilip Bhat of Prabhudas Liladhar has maintained 'buy' rating on Voltas Ltd stock, which is in a long-term uptrend.

According to analyst, the stock can be purchased with the target to make 30-40% returns in 12-15 months.

Today, the stock of the company opened at Rs 203.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 210.45 and a low of Rs 117 on BSE.

Current EPS & P/E ratio stood at 9.31 and 21.72 respectively.

Voltas Limited is an engineering, air conditioning and refrigeration company

Based in Mumbai, Maharashtra, Voltas Limited provides engineering solutions for a wide range of industries in regions including heating, ventilation and air conditioning (HVAC), infrigidation, electro-mechanical projects, textile machines, machine devices, mining and building equipment, materials handling, water management, constructing management systems, indoor air quality and chemicals.

In February last year, it bought Saudi Ensas Company for Engineering Services W. L. L.

In March 2009, Voltas shifted its chemicals trading business to DKSH India Private Ltd.

Voltas, a part of the Tata Group, offered the air-con for the world's largest ocean liner, the RMS Queen Mary 2 and also the world's highest building, the Burj Khalifa.