Business & Investment

Voltas Shares: Voltas Shares Fall at 0.0 Points Senssex

In trading on Wednesday, Ltd. Stock price fell 1.98 percent to Rupee 1183.45 at 1:14 pm (IST). During the session, stock prices reached a so far high of Rs 1216.45 and a low of Rs 1179.05. The stock closed at Rs 1207.35 in the previous session.

The counter’s trading volume so far was 1:14 pm and sales were 8.1 rupees. BSE.. The price-earnings ratio was a multiple of 66.07 and the price-to-book value ratio was 6.64.

A high price-earnings ratio indicates that investors are willing to pay a higher price for the rupees they earn from their stocks, as expectations for future growth increase.



The price-to-book value ratio is a measure of a company’s unique value and a price that investors are ready to pay even if the business is not growing.

Voltas Ltd. Belongs to the air conditioning industry.

Promoter / FII Holding

As of September 30, 2021, the promoter owns a 30.3% stake in the company, with foreign and domestic institutional investors owning 22.31% and 31.6%, respectively.

Major finances

The company reported consolidated sales of Rs 1737.35 for the quarter ended September 30, 2021, down 6.6% from Rs 1860.17 in the previous quarter and down 5.24% from Rs 1650.8 in the year-ago quarter.

Profit for the latest quarter was Rs 103.61, an increase of 32.24% over the same period last year.

Voltas Shares: Voltas Shares Fall at 0.0 Points Senssex

https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-price-of-voltas-falls-as-sensex-0-0-points/articleshow/88562604.cms Voltas Shares: Voltas Shares Fall at 0.0 Points Senssex

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