Voltamp Transformers Ltd. share price target

The demand scenario for capital goods makers in general remains weak. In this scenario, the company's focus remains on taking good quality orders that are fairly priced and have reasonably good credit profile. This is manifested in...

The demand scenario for capital goods makers in general remains weak. In this scenario, the company's focus remains on taking good quality orders that are fairly priced and have reasonably good credit profile. This is manifested in the company's balance sheet which has shown further improvement in working...

Government initiative on infrastructure projects and ambitious target of solar and 1.00 wind energy projects is likely to improve. Tender / enquiry in pipeline for potential business. Initiatives such as UDAY, DDUGJY, aggressive renewable energy target, the 0.90 new hydro policy and the massive transmission connectivity plans is expected to gradually ease competitive pressure. These reforms are ambitious. If executed...

Established in 1963, Voltamp Transformers Ltd (Voltamp) is engaged in the manufacturing of oil filled power transformers, oil filled distribution transformers and dry type distribution transformers for industrial, building and power applications. VTL is engaged in manufacturing transformers for government & semi -government projects, refineries, fertilizer plants, power sector, pharma, paper, steel & among others Voltamp's clientele includes private giants of the across sectors like ABB Ltd, Siemens, L&T;, Hindalco, Essar, Reliance Energy etc. VTL is the market leader in dry-type transformers with 40% share. The industrial segment accounts for 80 -90% of VTL's client...

Voltamp' revenue INR 228 crore in Q4FY17 was up by 12% on YoY and above to our estimated growth of -1.9% led by strong execution in last quarter. However, Voltamp is able to deliver 8.2%...

Voltamp Ltd reported Q3FY17 revenue of INR 105 crore (-25%, YoY) is below to our estimates of INR 153 crore primarily impacted as operations at Savli factory remained suspended for 17 days...

BUY Voltamp Transformers Ltd CMP at Rs. 985 add on dips to Rs 890-908 for the Sequential Targets of Rs 1098 & Rs 1179

Voltamp Transformer (VTL) is a major manufacturer of distribution, power and dry-type transformers in India and expected to get significant benefit of spending of central sponsored...