Voltas shares rise 0.61 per cent in Wednesday's trading session

economictimes.indiatimes.com:

Voltas Ltd. rose 0.61 per cent to Rs 1670.0 in Wednesday's trade as of 11:42AM (IST) even as the benchmark Nifty ruled at 24704.65, up 5.81 points.
The scrip had closed at Rs 1659.75 in the previous session. The stock quoted a 52-week low of Rs 800.85 and a high of Rs 1676.0. The company quoted a market-cap of Rs 55257.75 crore on the BSE.

On BSE, 42,535 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 120.93 times its trailing 12-month EPS of Rs 13.81 per share and 6.27 times its book value. The return on equity (ROE) stood at Rs 4.32.
Key Financials For the quarter ended 30-Jun-2024, Voltas Ltd. reported consolidated sales of Rs 5001.27 crore, up 45.82 per cent from the same quarter a year ago. The company reported 158.51 per cent YoY growth in net profit at Rs 334.23 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.