Voltas share price: Nuvama upgrades rating but Jefferies cuts target price after analyst meet. Here’s why

Shares of Voltas received mixed brokerages calls after the company’s analyst meet. Nuvama upgraded the stock to ‘Hold’ but cut its target to Rs 1,220, while Jefferies retained ‘Buy’ and lowered its target to Rs 1,495. Margin pressures, rising costs and market-share gains remain key factors for investors.