Share price of Voltas jumps as Sensex gains 267.3 points

The share price of Voltas Ltd. gained 1.87 per cent to Rs 1519.0 at 10:30AM (IST) in Monday's trade. The counter has hit a high of Rs 1526.0 and low of Rs 1494.3 so far during the session. The stock had closed at Rs 1491.0 in the previous session.

The counter has had a total traded volume of 352865 shares so far with a value of Rs 52.6 crore on the NSE. It traded at a price-to-earnings multiple of 199.21 and a price-to-book ratio of 6.27.

A higher P/E 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 99.08 per cent during the past one year, while the 30-share index advanced 22.33 per cent during the same period.

Voltas Ltd. belongs to the Air Conditioners industry.

Promotor/FII Holding
Promoters held 30.3 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 15.08 per cent and 25.34 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 4257.3 crore for the quarter ended 31-Mar-2024, up 58.64 per cent from the previous quarter's Rs 2683.61 crore and up 41.75 per cent from the year-ago quarter's Rs 3003.46 crore.

Profit for the latest quarter stood at Rs 116.44 crore, down 19.09 per cent from the same quarter a year ago.