Voltas shares 0.57% as Sensex falls
Voltas Ltd. traded 0.57 per cent at Rs 1820.15 at 10:55AM (IST) on Monday, even as BSE benchmark Sensex 338.44 points to 81794.68. The scrip had settled at Rs 1809.80 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 1946.20 and Rs 849.75, respectively.
As per BSE data, total traded volume on the counter till 10:55AM (IST) stood at 10:55AM shares with turnover at Rs 2.55 crore.
At the prevailing price, shares of the company trades at 108.83 times its trailing 12-month earnings per share of Rs 16.75 per share and 6.27 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
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