Share price of Voltas rises as Nifty strengthens

economictimes.indiatimes.com:

Voltas Ltd. gained 0.54 per cent to Rs 803.75 in Friday's trade as of 11:16AM (IST).

The stock hit a high price of Rs 807.7 and low of Rs 799.0 during the session. The return on equity (ROE) for the stock stood at 2.47 per cent.

Traded volume on the counter stood at 11:16AM shares and turnover at Rs 128.0 crore around that time. The stock of Voltas Ltd.

quoted a 52-week high and 52-week low prices of Rs 1050.55 and Rs 737.6, 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 30-Jun-2023, while overseas investors held 19.08 per cent and domestic institutional investors had 33.21 per cent.Key Financials The company reported consolidated sales of Rs 3003.46 crore for the quarter ended 31-Mar-2023, up 47.5 per cent from previous quarter's Rs 2036.27 crore and up 11.08 per cent from the year-ago quarter's Rs 2703.78 crore.