Voltas shares drop 0.39% as Sensex falls
Voltas Ltd. traded 0.39 per cent down at Rs 824.15 at 12:22PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 253.56 points to 64705.13.
The scrip had closed at Rs 827.4 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 933.5 and Rs 737.6, respectively.
As per BSE data, total traded volume on the counter till 12:22PM (IST) stood at 12:22PM shares with turnover at Rs 0.32 crore.
At the prevailing price, the stock trades at 136.68 times its trailing 12-month EPS of Rs 6.03 per share and 4.96 times its price-to-book value, BSE 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.17.
Shareholding Details Promoters held 30.3 per cent stake in the company as of 30-Sep-2023, while FIIs owned 17.84 per cent and DIIs 35.69 per cent.
