NEW DELHI: Shares of Voltas Ltd. traded 1.63 per cent up in Friday's trade at 10:15AM (IST). Around 12,143 shares changed hands on the counter.
The counter opened at Rs 1219.25 and touched an intraday high and low of Rs 1242.0 and Rs 1219.1, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1356.9 and a 52-week low of Rs 918.0.
As per BSE, the total market cap of the Voltas Ltd. stood at Rs 40864.27 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1737.35 crore for the quarter ended 30-Sep-2021, down 6.6 per cent from previous quarter's Rs 1860.17 crore and down 5.24 per cent from the year-ago quarter's Rs 1650.8 crore.
The net profit for latest quarter stood at Rs 103.61 crore, up 32.24 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 19.75 per cent stake in the company, while foreign institutional investors held 24.42 per cent and the promoters 30.3 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 69.14 and a price-to-book ratio of 6.64. 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.
Voltas Ltd. belongs to the Air Conditioners industry.
The counter opened at Rs 1219.25 and touched an intraday high and low of Rs 1242.0 and Rs 1219.1, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1356.9 and a 52-week low of Rs 918.0.
As per BSE, the total market cap of the Voltas Ltd. stood at Rs 40864.27 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1737.35 crore for the quarter ended 30-Sep-2021, down 6.6 per cent from previous quarter's Rs 1860.17 crore and down 5.24 per cent from the year-ago quarter's Rs 1650.8 crore.
The net profit for latest quarter stood at Rs 103.61 crore, up 32.24 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 19.75 per cent stake in the company, while foreign institutional investors held 24.42 per cent and the promoters 30.3 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 69.14 and a price-to-book ratio of 6.64. 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.
Voltas Ltd. belongs to the Air Conditioners industry.
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