Voltas shares gain 1.08% as Sensex rises
Voltas Ltd. traded 1.08 per cent higher in Tuesday's session at 11:52AM (IST). The stock opened at Rs 990.1 and has touched an intraday high and low of Rs 1003.05 and Rs 990.1, respectively, during the session so far.
The stock quoted a 52-week high of Rs 1022.75 and a 52-week low of 737.6. About 11,737 shares changed hands on the counter so far.
Benchmark Nifty50 was up 185.0 points at 21698.0, while the BSE Sensex traded 610.05 points higher at 71965.27 at the time of writing of this report.
In the Nifty pack, 43 stocks traded the day in the green, while 7 were in the red.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 2363.73 crore, down 31.08 per cent from the previous quarter's Rs 3429.83 crore and down 28.97 per cent from the year-ago quarter. The company reported net profit of Rs 36.68 crore for the latest quarter.
Promoter Holdings Promoters held 30.3 per cent stake in the company as of 30-Sep-2023, while FIIs held 17.84 per cent and MFs 15.29 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 834.62 on January 09, while the 50-DMA was at Rs 876.99. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
