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Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities Robust quarter; outlook remains sanguine Our view? Voltamp Transformers (VAMP) reported another strong print during Q1FY24 driven by volume-led revenue growth (+19% y/y). The company reported a decadal high Q1 EBITDA margin aided by easing of commodity cost pressures amidst a strong demand environment. An order book of ~Rs11.9bn (executable in the current year) and full ramp-up of Savli operations back to normal, augurs well for the company’s near term revenue and margin performan...
Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities
Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities
Source: Yes Securities Ltd
19/08/2023 10:43:40 AM
Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities Our view Voltamp Transformers (VAMP) reported another strong print during Q1FY24 driven by volume-led revenue growth (+19% y/y). The company reported a decadal high Q1 EBITDA margin aided by easing of commodity cost pressures amidst a strong demand environment. An order book of ~Rs11.9bn (executable in the current year) and full ramp-up of Savli operations back to normal, augurs well for the company’s near term revenue and margin performance. Looking forward Management remains ...
Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities
Buy Voltamp Transformers Ltd For Target Rs. 5,836 - Yes Securities
Source: Yes Securities Ltd
12/08/2023 12:41:18 PM
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities We interacted with Voltamp Transformers’ senior management and plant officials at their Vadodara facility to gain insights on the company’s prospects and broader industry trends in the ongoing capex cycle. The company has two plants; oil-filled power transformers at Makarpura (capacity: 8,000 MVA) and oil-filled distribution transformers and dry-type transformers at Savli (capacity: 6,000 MVA). Key takeaways: Business prospects are looking robust with a healthy order pipelin...
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities
Source: Yes Securities Ltd
18/07/2023 12:35:38 PM
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities Record-breaking quarter; future looks promising   Our view Voltamp Transformers (VAMP) reported a robust set of numbers with record high operational performance. Revenue growth was purely volume driven as realization degrew by 5% YoY. Gross margin expansion (~350bps YoY) and operating leverage benefits led to a ~450bps YoY operating margin expansion. Order book as of 31st March 2023 is at ~Rs6bn (0.4x TTM revenue) however as of 25th May the order book stands at Rs8.4bn providing...
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities
Buy Voltamp Transformers Ltd For Target Rs. 4,779 - Yes Securities
Source: Yes Securities Ltd
17/06/2023 12:30:58 PM
Buy Voltamp Transformers Ltd For Target Rs. 2,378 - ICICI Securities Weakness to linger for a couple of more quarters  Industry OHT exports remained subdued in Jan’23, closer to Oct’22 lows, post spiking up in the seasonally strong Dec’23. Overall OHT export revenues were down 9% YoY in Jan’23 (up 6% FY23-TD) with the agri tyre segment down 12% YoY vs OTR down 3% YoY. In Jan’23, exports to the EU and US declined 9% and 18% YoY respectively. Due to container shortages globally and ~5x increase in container prices early CY22...
Buy Voltamp Transformers Ltd For Target Rs. 2,378 - ICICI Securities
Buy Voltamp Transformers Ltd For Target Rs. 2,378 - ICICI Securities
Source: ICICI Securities Ltd
27/03/2023 3:01:15 PM
Buy Voltamp Transformers Ltd For Target Rs. 3,656 - ICICI Securities Our view Voltamp Transformers (VAMP)reported a strong set of numbers despite a month?long workers’ strike at its Savli facilities. Revenue growth was led by a mix of volume/realization growth of 10%/5% YoY respectively. Healthy operating margins aided by gross margin expansion and operating leverage benefits led to a ~450bps YoY operating margin expansion. Order book remains strong at ~Rs9bn (0.7x TTM revenue) as on 3QFY23, providing revenue visibility for the next few quarters. In t...
Buy Voltamp Transformers Ltd For Target Rs. 3,656 - ICICI Securities
Buy Voltamp Transformers Ltd For Target Rs. 3,656 - ICICI Securities
Source: ICICI Securities
15/03/2023 12:21:11 PM
Buy Voltamp Transformers Ltd For Target Rs. 3,610 - ICICI Securities Key beneficiary of industrial capex revival We initiate coverage on Voltamp Transformers (Voltamp) with a BUY rating and an SOTP-based target price of Rs3,610 (35% upside). Company is a key player in the transformer manufacturing space with a domestic market share of 15% (as per management), catering to diversified sectors (85% of revenue comes from private customers). Over the years, Voltamp has developed strong relationship with clients, which has helped it have a large installed base of...
Buy Voltamp Transformers Ltd For Target Rs. 3,610 - ICICI Securities
Buy Voltamp Transformers Ltd For Target Rs. 3,610 - ICICI Securities
Source: ICICI Securities Ltd
14/03/2023 11:14:35 AM
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities Another quarter of stellar performance Our view Voltamp Transformers (VAMP) reported a strong set of numbers despite a decline in realizations (18% YoY/20% QoQ) largely led by volume growth and healthy operating margins aided by gross margin expansion and operating leverage benefits. Order book remains strong at ~Rs9.2bn (0.7x TTM revenue) as on 2QFY23, providing revenue visibility for the next few quarters. In the medium term, the company sees promising prospects with rise in Governmen...
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities
Source: Yes Securities Ltd
6/12/2022 11:22:57 AM
Voltamp Transformers trades higher on the BSE Voltamp Transformers is currently trading at Rs. 2690.05, up by 2.60 points or 0.10% from its previous closing of Rs. 2687.45 on the BSE. The scrip opened at Rs. 2769.90 and has touched a high and low of Rs. 2769.90 and Rs. 2675.60 respectively. So far 1196 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3686.00 on 04-Aug-2022 and a 52 week low of Rs. 1728.50 on 13-May-2022. Last one week high and low of the sc...
Voltamp Transformers trades higher on the BSE
Voltamp Transformers trades higher on the BSE
Source: Accord Fintech
24/11/2022 11:53:00 AM
Diwali Muhurat Technical Picks: Underlying Strategy By Axis Securities We have handpicked a few stocks for buying this Diwali that have given breakouts and showing strong accumulation patterns on the medium and longer-term charts. We have covered Large Caps as well as Mid Cap stocks that have performed in line with the market trend over the last one year and are now trading above their breakout levels. A few of them are at their major support levels. We advise accumulating these stocks in the recommended buying range to cover the downside risks and corrections i...
Diwali Muhurat Technical Picks: Underlying Strategy By Axis Securities
Diwali Muhurat Technical Picks: Underlying Strategy By Axis Securities
Source: Axis Securities Ltd
21/10/2022 10:32:51 AM
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities Sound performance in a challenging quarter Our view Voltamp Transformers (VAMP) reported a strong set of numbers owing to ramp up in dispatches, robust growth in realizations (49% YoY/15% QoQ) and execution along with healthy operating margins despite a challenging environment. Order book remains strong at ~Rs7.4bn (0.6x TTM revenue) as on 1QFY23, providing revenue visibility for the next few quarters. Enquiry pipeline continues to remain buoyant on the back of capex investments across ...
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities
Neutral Voltamp Transformers Ltd For Target Rs. 3,046 - Yes Securities
Source: Yes Securities Ltd
17/08/2022 8:53:45 AM
Stock of the week - Buy Voltamp Transformers Ltd For Target Rs. 2, 883 By GEPL Capital Observation * Voltamp has been moving in a strong uptrend since March 2021 as it maintains the higher highs and higher lows formation. * The stock sustained well after giving multi year breakout and has started to rally sharply.  The Stock has shown significant rise in the volumes post its breakout from the consolidated parallel channel. * On the indicator front the RSI indicator plotted on weekly has sustained above 60. Where as prices confirming the prior trend. * The stock has...
Stock of the week - Buy Voltamp Transformers Ltd For Target Rs. 2, 883 By GEPL Capital
Stock of the week - Buy Voltamp Transformers Ltd For Target Rs. 2, 883 By GEPL Capital
Source: GEPL Capital
20/06/2022 12:49:50 PM
Weekly Tech Picks - Sanghvi Movers Limited, Computer Age Management Services Limited, Voltamp Transformers Limited, Bharat Electronics LimitedBy Axis Securities Sanghvi Movers Limited • On the daily chart, the stock has witnessed “multiple resistance” breakout around 208 levels • This breakout is accompanied with huge volumes indicating increased participation • In addition, the stock has confirmed higher tops and bottoms • The stock is well placed above its 20, 50 , 100 and 200 SMA which reconfirmed bullish trend • The daily and weekly strength indicator RSI is in bullish mode along with positive c...
Weekly Tech Picks - Sanghvi Movers Limited, Computer Age Management Services Limited, Voltamp Transformers Limited, Bharat Electronics LimitedBy Axis Securities
Weekly Tech Picks - Sanghvi Movers Limited, Computer Age Management Services Limited, Voltamp Transformers Limited, Bharat Electronics LimitedBy Axis Securities
Source: Axis Securities Ltd
13/06/2022 12:31:55 PM
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities TVS Motor Company Limited * On the daily chart, the stock has formed an “inverse head and shoulder” indicating a short term trend reversal * This breakout is accompanied with huge volumes indicating increased participation * In addition, the stock has confirmed higher tops and bottoms * The stock is well placed above its 20, 50 , 100 and 200 SMA which reconfirmed bullish trend * The daily and weekly strength indicator RSI is in bullish mode along...
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities
Source: Axis Securities Ltd
30/05/2022 9:37:54 AM
Buy Voltamp Transformers Ltd For Target Rs.2,540 - Yes Securities Stellar performance Our view Voltamp Transformers (VAMP) reported an excellent set of numbers owing to ramp up in dispatches and execution along with healthy operating margins despite high RM inflation. Order book remains strong at ~Rs6bn (0.5x TTM revenue) as on 4QFY22, providing revenue visibility for next few quarters. Enquiry continues to remain buoyant given rise in spending in capex from both public and private across sectors such as infra, water, power, mining, oil & gas, por...
Buy Voltamp Transformers Ltd For Target Rs.2,540 - Yes Securities
Buy Voltamp Transformers Ltd For Target Rs.2,540 - Yes Securities
Source: Yes Securities Ltd
26/05/2022 11:05:29 AM
Buy Voltamp Transformers Ltd For Target Rs.1,194 - HDFC Securities Our Take: Voltamp Transformers Ltd (VTL) is a leading manufacturer of oil filled power and distribution transformers, with an aggregate installed capacity of 13,000 MVA (Megavolt amperes) per annum. It has a strong track record in the transformer industry with a diversified clientele and experienced management. Due to increasing number of small power-rating substation projects across the country, the small capacity transformer segment is expected to be the fastest-growing segment in In...
Buy Voltamp Transformers Ltd For Target Rs.1,194 - HDFC Securities
Buy Voltamp Transformers Ltd For Target Rs.1,194 - HDFC Securities
Source: HDFC Securities Ltd
13/04/2021 2:00:29 PM