Voltas shares up 0.85% as Nifty drops
A total of 15,972 shares changed hands on the counter till 11:21AM (IST).
NEW DELHI: Shares of traded 0.85 per cent up in Friday's trade at 11:21AM (IST). Around 15,972 shares changed hands on the counter.The counter opened at Rs 1434.7 and touched an intraday high and low of Rs 1451.85 and Rs 1427.0, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 1451.85 and a 52-week low of Rs 745.0.
Total market cap of the . stood at Rs 46787.1 crore at the time of writing this report.
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 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-Mar-2024, domestic institutional investors held 24.17 per cent stake in the company, while foreign institutional investors held 14.7 per cent and the promoters 30.3 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 169.4 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
