The counter has seen a total traded volume of 24647 shares so far worth Rs 4.35 crore in the NSEIt was traded at a price-earnings multiple of 128.55 and a price-to-book ratio of 6.27.
A higher price-earnings ratio shows that investors are willing to pay a higher price for the earnings per rupee provided by the stock due to better expectations of future growth.
The price/book ratio indicates the inherent value of a company and reflects the price that investors are willing to pay even if there is no growth in the business.
The stock has gained 109.29 percent over the past year, while the 30-stock index has advanced 25.2 percent over the same period. Company: Voltas Ltd. It belongs to the Air Conditioning industry. Promoter/Holding FII
Promoters held 30.3 per cent stake in the company as of June 30, 2024, while foreign investors and domestic institutional investors held 15.08 per cent and 25.34 per cent, respectively.
Key financial data
The company reported consolidated sales of Rs 5,001.27 crore for the quarter ended June 30, 2024, up 17.48 per cent from Rs 4,257.3 crore in the previous quarter and up 45.82 per cent from Rs 3,429.83 crore in the year-ago quarter.
Profits for the last quarter stood at Rs 334.23 crore, up 158.51 per cent from the same quarter last year.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.