Voltas Share Price: Voltas down 0.79% as Nifty gains

shares of. It rose 0.79 per cent to Rs 996.65 in Monday’s trade. It touched a high of Rs 1010.2 and a low of Rs 991.95 respectively during the day.

The stock quoted a 52-week high of Rs 1356.9 and a low of Rs 923.5.

According to NSE, as of 01:19 PM (IST), the counter traded a total of 42,742 shares with a trading value of Rs 4.28 crore.

The stock had closed at Rs 1004.6 in the previous session.

The stock has gained 4.25 per cent in the last one month so far, while the benchmark BSE Sensex has gained 8.99 per cent in the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 65.52 while the price-to-book ratio stood at 7.49. A high P/E ratio indicates that investors are willing to pay a higher price per rupee of earnings delivered by the stock due to better future growth expectations. Value-to-book value indicates the inherent value of a company and reflects what investors are willing to pay even if there is no growth in a business.

The stock belongs to the air conditioner industry.

Promoter/FII Holding
Promoters held 30.3 per cent stake in the company as on 31-March-2022, while FIIs and MFs owned 24.67 per cent and 17.27 per cent respectively in the firm.

major financial
The company reported consolidated sales of Rs 2703.78 crore for the quarter ended 31-March-2022, up 48.37 per cent from Rs 1822.34 crore in the previous quarter and 0.77 per cent higher than Rs 2683.24 crore in the year-ago quarter. Its net profit for the latest quarter stood at Rs 182.7 crore, down 23.15 per cent from the same quarter a year ago.

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