The share rate of Voltas Ltd. acquired 1.92 percent to Rs 1085.95 at 11:16 AM (IST) in Tuesday’s trade. The counter has actually struck a high of Rs 1086.25 and low of Rs 1060.0 up until now throughout the session. The stock had actually closed at Rs 1065.4 in the previous session.
The counter has actually had actually an overall traded volume of 15182 shares up until now with a worth of Rs 1.63 crore on the NSEIt traded at a price-to-earnings multiple of 128.14 and a price-to-book ratio of 4.96.
A greater P/E ratio reveals financiers want to pay a greater cost for per rupee incomes provided by the stock due to the fact that of much better future development expectations.
The price-to-book worth suggests the intrinsic worth of a business and shows the cost financiers want to pay even for no development in business.
The scrip acquired 32.16 percent throughout the previous one year, while the 30-share index advanced 24.56 percent throughout the exact same duration.
Voltas Ltd. comes from the Air Conditioners market.
Promotor/FII Holding
Promoters held 30.3 percent stake in the business since 31-Dec-2023, while FIIs and domestic institutional financiers ownership stood at 17.17 percent and 18.81 percent, respectively.
Secret Financials
The company reported combined net sales of Rs 2683.61 crore for the quarter ended 31-Dec-2023, up 13.53 percent from the previous quarter’s Rs 2363.73 crore and up 31.79 percent from the year-ago quarter’s Rs 2036.27 crore.
Loss for the current quarter stood at Rs 30.41 crore, down 72.45 percent from the very same quarter a year back.