Share price of Voltas falls as Sensex gains 16.75 points
A total of 20,767 shares changed hands on the counter till 12:32PM (IST)
Share price of dropped 0.21 per cent to Rs 1410.9 at 12:32PM (IST) in Thursday's trade. The counter hit a high of Rs 1429.05 and low of Rs 1404.95 so far during the session. The stock had closed at Rs 1414.0 in the previous session.The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 2.93 crore on . The stock traded at a price-to-earnings multiple of 167.41 and a price-to-book ratio of 4.96.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 30.3 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 14.7 per cent and 40.22 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2683.61 crore for the quarter ended 31-Dec-2023, up 13.53 per cent from the previous quarter's Rs 2363.73 crore and up 31.79 per cent from the year-ago quarter's Rs 2036.27 crore.
Its loss for the latest quarter stood at Rs 30.41 crore, down 72.45 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
