Voltas shares gain 0.54% as Sensex falls
Voltas Ltd. traded 0.54 per cent up at Rs 825.2 at 11:01AM (IST) on Friday, even as BSE benchmark Sensex dropped 5.9 points to 65976.58.
The stock had settled at Rs 820.75 in the previous session.
The stock quoted a 52-week high price of Rs 933.5 and 52-week low of Rs 737.6, respectively. As per BSE data, total traded volume on the counter till 11:01AM (IST) stood at 4864 shares with a turnover of Rs 0.4 crore.
At the current price, the stock traded at 136.92 times its trailing 12-month EPS of Rs 6.03 per share and 4.96 times its price-to-book value, 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 reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, 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 17.83 per cent and DIIs 15.29 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 46.07. The RSI oscillates between zero and 100.
