Technical analyst Hitendra Vasudeo has maintained 'buy' rating on Voltas Ltd stock with targets of Rs 261 and 275.

According to analyst, the investors can buy the stock with a stop loss of Rs 243.

Mr. Vasudeo said that the stock can achieve the target within a period of 1-3 trading sessions.

The stock of the company, on December 01, closed at Rs 256.15 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 262.50 and a low of Rs 151.20 on BSE.

Current EPS & P/E ratio stood at 9.72 and 26.40 respectively.

Voltas has recorded a consolidated profit of Rs 924.10 million after minority interest for the three month period ended September 2010 as against Rs 903.30 million for the same ended Sep 2009.

Voltas registered a marginal increase of 2.30% in consolidated profit after minority interest.

Total income came down 2.42% to Rs 10,844.50 million for July-Sep period from Rs 11,113 million for the quarter ended Sep 2009.

Voltas Limited is a supplier of structured end-to-end solutions in electro-mechanicals and refrigeration.

The Company deals in 3 sections including electro-mechanical ventures and services, engineering goods and services, and unitary cooling goods.