Share price of Voltas rises as Nifty strengthens

Shares of Voltas Ltd. gained 0.04 per cent to Rs 874.0 in Wednesday's trade as of 02:05PM (IST).

The stock hit a high price of Rs 878.0 and low of Rs 859.7 during the session.

The return on equity (ROE) for the stock stood at 9.16 per cent. Traded volume on the counter stood at 02:05PM shares and turnover at Rs 4.17 crore around that time.

The stock of Voltas Ltd. quoted a 52-week high and 52-week low prices of Rs 1356.9 and Rs 859.7, 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-2022, while foreign investors held 26.19 per cent and domestic institutional investors had 27.84 per cent.

Key Financials
The company reported consolidated sales of Rs 2794.75 crore for the quarter ended 30-Jun-2022, up 3.36 per cent from previous quarter's Rs 2703.78 crore and up 50.24 per cent from the year-ago quarter's Rs 1860.17 crore.

Net profit after tax for the latest quarter stood at Rs 108.88 crore, down 10.61 per cent from the same quarter a year ago.