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Share price of Voltas rises as Nifty strengthens

May 3, 2024
in News
Share price of Voltas rises as Nifty strengthens
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Shares of Voltas Ltd. gained 1.14 per cent to Rs 1491.9 in Thursday’s trade as of 01:14PM (IST).

The stock hit a high price of Rs 1494.05 and low of Rs 1463.35 during the session.

The return on equity (ROE) for the stock stood at 2.47 per cent. Traded volume on the counter stood at 01:14PM shares and turnover at Rs 8.32 crore around that time.

The stock of Voltas Ltd. quoted a 52-week high and 52-week low prices of Rs 1494.05 and Rs 745.0, 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-2024, while FIIs held 14.7 per cent and domestic institutional investors had 40.22 per cent.

Key Financials

The company reported consolidated sales of Rs 2683.61 crore for the quarter ended 31-Dec-2023, up 13.53 per cent from previous quarter’s Rs 2363.73 crore and up 31.79 per cent from the year-ago quarter’s Rs 2036.27 crore.

Net loss after tax for the latest quarter stood at Rs 30.41 crore, down 72.45 per cent from the same quarter a year ago.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Times of India – https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-price-of-voltas-rises-as-nifty-strengthens/articleshow/109778462.cms

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