Voltas Share Price: Voltas stock price down 0.55 per cent as Sensex slides

Shares of Ltd. fell 0.55 per cent to Rs 1174.3 at 10:51AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 14,522 shares with a turnover of Rs 1.71 crore till 10:51AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 68.65, while the price-to-book value ratio stood at 6.64.

Return on equity (ROE) was at 10.51 per cent, according to exchange data. The stock hit an intraday high of Rs 1189.15 and a low of Rs 1171.5 during the session and quoted a 52-week high price of Rs 1356.9 and a 52-week low of Rs 690.35.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.17.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1046.01 on October 28, while the 50-DMA was at Rs 1173.1. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 40.43. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 30.3 per cent stake in the company, while foreign institutional investors held 22.31 per cent and domestic institutional investors had 31.6 per cent.

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