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    Voltas stock price down 0.55 per cent as Sensex climbs

    Synopsis

    As of 31-Mar-2022, promoters held 30.3 per cent stake in the company, while FIIs held 24.67 per cent and domestic institutional investors had 17.27 per cent.

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    India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.
    Shares of Voltas Ltd. fell 0.55 per cent to Rs 919.75 at 12:43PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.

    As per data available on BSE, total traded quantity on the counter stood at 23,365 shares with a turnover of Rs 2.16 crore till 12:43PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 62.3, while the price-to-book value ratio stood at 7.49.

    Return on equity (ROE) was at 9.16 per cent, according to exchange data. The stock hit an intraday high of Rs 935.65 and a low of Rs 918.1 during the session and quoted a 52-week high price of Rs 1356.9 and a 52-week low of Rs 868.7.

    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 1097.9 on October 06, while the 50-DMA was at Rs 965.04. 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 45.89. 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 31-Mar-2022, promoters held 30.3 per cent stake in the company, while overseas investors held 26.19 per cent and domestic institutional investors had 27.84 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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