Voltas shares up 9.25% as Nifty gains
A total of 162,635 shares changed hands on the counter till 10:00AM (IST).
NEW DELHI: Shares of traded 9.25 per cent up in Monday's trade at 10:00AM (IST). Around 162,635 shares changed hands on the counter.The counter opened at Rs 1303.85 and touched an intraday high and low of Rs 1373.2 and Rs 1303.85, respectively, in the session so far. The stock of quoted a 52-week high of Rs 1373.2 and a 52-week low of Rs 745.0.
As per , the total market cap of the . stood at Rs 44570.17 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 2683.61 crore for the quarter ended 31-Dec-2023, up 13.53 per cent from previous quarter's Rs 2363.73 crore and up 31.79 per cent from the year-ago quarter's Rs 2036.27 crore.
The net loss for latest quarter stood at Rs 30.41 crore, down 72.45 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, DIIs held 18.81 per cent stake in the firm, while foreign institutional investors held 17.17 per cent and the promoters 30.3 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 159.48 and a price-to-book ratio of 4.96. 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.
. belongs to the Air Conditioners industry.
Source: Stocks-Markets-Economic Times
