Nuvama Tags Voltamp With ‘Buy’, Sees 29% Upside On Capacity-Led Growth
Gold-standard tag for sub-220 kV maker, 12‑month TP implies ~29% upside from CMP Nuvama Institutional Equities has initiated coverage on Voltamp Transformers with a ‘BUY’ rating and a 12‑month target price of INR 10,200, calling the Vadodara-based company a “gold‑standard transformer manufacturer” up to 220 kV. The brokerage’s initiating note, dated 1 December 2025, values […]
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