Share price of Voltas as Sensex drops 289.86 points
Voltas Ltd. 0.03 per cent to Rs 1763.90 at 01:53PM (IST) in Tuesday's trade. The counter hit a high of Rs 1775.00 and low of Rs 1754.20 so far during the session. The stock had closed at Rs 1764.50 in the previous session.
The counter had a total traded volume of 01:53PM shares so far with a turnover of Rs 1.96 crore on BSE. The stock traded at a price-to-earnings multiple of 105.61 and a price-to-book ratio of 6.27.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
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