Voltas share price: Share price of Voltas rises as Nifty strengthens

Shares of Ltd. gained 1.34 per cent to Rs 1057.2 in Tuesday’s trade as of 11:02AM (IST).

The stock hit a high price of Rs 1059.8 and low of Rs 1047.05 during the session.

The return on equity (ROE) for the stock stood at 10.51 per cent. Traded volume on the counter stood at 11:02AM shares and turnover at Rs 2.6 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 overseas investors 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.

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