Voltas declines 0.76% as Sensex slides
Voltas Ltd. traded at Rs 875.45 on BSE at 12:59PM (IST) on Wednesday, down 0.76 per cent from previous close.
The stock quoted a 52-week low price of Rs 737.6 and a high of Rs 935.65.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 24,469 lakh shares changed hands on the counter till 12:59PM (IST).
The stock of Voltas Ltd.
commanded a market value of Rs 28965.65 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 186.37, while the price-to-book value ratio stood at 4.96. Return on equity (ROE) was at 2.47 per cent, according to exchange data.
In the BSE500 pack, 152 stocks traded in the green, while 349 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.17.
Promotor/FII Holding Promoters held 30.3 per cent in Voltas Ltd.
as of 30-Jun-2023 while overseas and domestic institutional investors owned 19.08 per cent and 15.26 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 822.64 on September 20, while the 50-DMA was at 823.42. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
