The counter has had a total traded volume of 19412 shares so far with a value of Rs 2.34 crore on the NSE. It traded at a price-to-earnings multiple of 70.13 and a price-to-book ratio of 6.64.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 79.08 per cent during the past one year, while the 30-share index advanced 57.82 per cent during the same period.
Voltas Ltd. belongs to the Air Conditioners industry.
Promotor/FII Holding
Promoters held 30.3 per cent stake in the company as of 30-Jun-2021, while FIIs and domestic institutional investors ownership stood at 17.24 per cent and 22.64 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1860.17 crore for the quarter ended 30-Jun-2021, down 30.67 per cent from the previous quarter’s Rs 2683.24 crore and down 36.34 per cent from the year-ago quarter’s Rs 1364.34 crore.
Profit for the latest quarter stood at Rs 121.8 crore, up 50.09 per cent from the same quarter a year ago.
