Voltas rises 0.84% as Sensex slides

economictimes.indiatimes.com:

Voltas Ltd. traded at Rs 1494.2 on BSE at 11:01AM (IST) on Friday, up 0.84 per cent from previous close.
The stock quoted a 52-week low price of Rs 745.0 and a high of Rs 1500.0.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 9,772 lakh shares changed hands on the counter till 11:01AM (IST).
The stock of Voltas Ltd. commanded a market value of Rs 49025.54 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 169.4, 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, 310 stocks traded in the green, while 191 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 31-Mar-2024 while foreign and domestic institutional investors owned 14.71 per cent and 24.17 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 964.85 on May 03, while the 50-DMA was at 1196.19. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.