Share price of Voltas falls as Nifty strengthens

Share price of Voltas falls as Nifty strengthens
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

A total of 6,690 shares changed hands on the counter till 11:33AM (IST).

Agencies
India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.

INSIGHTS

Read Stock Insights by ET for a quick analysis

PEER COMPANIES

Explore Now
Shares of Ltd. slipped 0.2 per cent to Rs 1040.35 in Friday's trade as of 11:33AM (IST).

The stock hit a high price of Rs 1049.2 and low of Rs 1039.65 during the session.

The return on equity (ROE) for the stock stood at 10.51 per cent. Traded volume on the counter stood at 11:33AM shares and turnover at Rs 0.7 crore around that time.

The stock of Voltas Ltd. quoted a 52-week high and 52-week low prices of Rs 1131.2 and Rs 529.4, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.17.

Promotor/FII Holding
Promoters held 30.3 per cent stake in the company as of 31-Mar-2021, while FIIs held 14.38 per cent and domestic institutional investors had 37.22 per cent.

Key Financials
The company reported consolidated sales of Rs 2683.24 crore for the quarter ended 31-Mar-2021, up 31.13 per cent from previous quarter's Rs 2046.26 crore and up 24.8 per cent from the year-ago quarter's Rs 2150.09 crore.

Net profit after tax for the latest quarter stood at Rs 237.73 crore, up 49.84 per cent from the same quarter a year ago.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day

Read before you invest. Insights on Voltas Ltd.. Explore Now