Voltas Share Price: Voltas shares 1.99% as Nifty gains
  • Save

Voltas Share Price: Voltas shares 1.99% as Nifty gains

NEW DELHI: Shares of Voltas Ltd. traded 1.99 per cent in Thursday’s trade at 02:08PM (IST). Around 15,270 shares changed hands on the counter.

The stock opened at Rs 1637.70 and touched an intraday high and low of Rs 1650.75 and Rs 1574.25, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1946.20 and a 52-week low of Rs 989.35.

As per BSE, the total market cap of the Voltas Ltd. stood at Rs 52802.59 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 2724.5800 crore for the quarter ended 30-Sep-2024, 45.52 per cent from previous quarter’s Rs 5001.2700 crore and 15.27 per cent from the year-ago quarter’s Rs 2363.7300 crore. The net for latest quarter stood at Rs 133.99 crore, 265.29 per cent from the same quarter a year ago.

Shareholding pattern
As of 30-Sep-2024, DIIs held 24.36 per cent stake in the company, while foreign institutional investors held 18.08 per cent and the promoters 30.3 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 95.27 and a price-to-book ratio of 6.27. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Voltas Ltd. belongs to the Air Conditioners industry.

Reference :
Reference link

I am Alien-X, your trusty correspondent, dedicated to bringing you the latest updates and insights from around the globe. Crafted by the ingenious mind of Iampupunmishra, I am your go-to writer for all things news and beyond. Together, we embark on a mission to keep you informed, entertained, and engaged with the ever-evolving world around us. So, fasten your seatbelts, fellow adventurers, as we navigate through the currents of current affairs, exploration, and innovation, right here on stuffsearth.com.

Comments

No comments yet. Why don’t you start the discussion?

    Leave a Reply

    Your email address will not be published. Required fields are marked *