Getty ImagesMotilal Oswal has neutral call on Voltas with a target price of Rs 815. The current market price of Voltas is Rs 828.8.
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 27430.34 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 1587.55 Crore, up 24.93 % from last quarter Sales of Rs 1270.76 Crore and up 12.19 % from last year same quarter Sales of Rs 1415.02 Crore Company reported net profit after tax of Rs 86.72 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 30.3 per cent stake in the company as of Sept 30, 2020, while FIIs held 12.4 per cent, DIIs 39.2 per cent and public and others 18 per cent.
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 27430.34 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 1587.55 Crore, up 24.93 % from last quarter Sales of Rs 1270.76 Crore and up 12.19 % from last year same quarter Sales of Rs 1415.02 Crore Company reported net profit after tax of Rs 86.72 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 30.3 per cent stake in the company as of Sept 30, 2020, while FIIs held 12.4 per cent, DIIs 39.2 per cent and public and others 18 per cent.
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