The counter opened at Rs 1219.0 and touched an intraday high and low of Rs 1233.9 and Rs 1213.75, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1233.9 and a 52-week low of Rs 640.0.
Total market cap of the Voltas Ltd. stood at Rs 40535.04 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1860.17 crore for the quarter ended 30-Jun-2021, down 30.67 per cent from previous quarter’s Rs 2683.24 crore and down 36.34 per cent from the year-ago quarter’s Rs 1364.34 crore.
The net profit for latest quarter stood at Rs 121.8 crore, up 50.09 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 22.64 per cent stake in the company, while foreign institutional investors held 17.24 per cent and the promoters 30.3 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 71.64 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.
