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Voltas share price: Voltas rises 0.31% as Sensex falls

Shares of Voltas Ltd. were trading at Rs 1287.45 on BSE at 11:52 AM IST on Tuesday, up 0.31% from its previous close.

The stock has a 52-week low of ₹745.0 and a 52-week high of ₹1373.2.

Earlier, stocks saw the gap widen in the morning.

A total of 732.9 million shares were traded on the counter till 11:52 AM IST.

According to BSE, shares of Voltas Ltd. recorded a market valuation of Rs 42783.4 crore.

The stock traded at a price-to-earnings (P/E) multiple of 153.08 and recorded a price-to-book ratio of 4.96. According to exchange data, return on equity (ROE) was 2.47%. In the BSE500 pack, 349 stocks traded in green and 151 stocks traded in red. The stock’s beta, which measures volatility relative to the broader market, is 1.17.

Promoter/FII holdings
Promoters hold 30.3% stake in Voltas Ltd. as on December 31, 2023, while foreign and domestic institutional investors hold 17.17% and 18.81%, respectively.

moving average
On April 16, the 200 moving average recorded 928.78 and the 50 moving average recorded 1118.08. If a stock is trading below the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, if a stock is trading below 50-DMA and 200-DMA, it is considered to be in a bearish trend, while if it is trading between 50-DMA and 200-DMA, it indicates that the stock could go in either direction.

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