Page 4 - Voltas Ltd News Today

Promoters held 30.3 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 17.17 per cent and 18.81 per cent, respectively.

Havells, Voltas, Symphony: Many white goods companies such as air conditioner maker Voltas Ltd or cooler maker Symphony, fan and cooler maker Havells India and maker of refrigerators Whirlpool of India rely on summer sales.

A total of 9,166 shares changed hands on the counter till 10:51AM (IST)

A total of 28,339 shares changed hands on the counter till 02:05PM (IST)

A total of 381,768 shares changed hands on the counter till 01:44PM (IST).

Promoters held 30.3 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 17.17 per cent and 18.81 per cent, respectively.

A total of 3,037 shares changed hands on the counter till 11:01AM (IST)

A total of 4,794 shares changed hands on the counter till 12:12PM (IST).

The stock traded at a P/E multiple of 127.33, while the price-to-book value ratio stood at 4.96.

Voltas rose from Rs 820.45 as on November 28, 2023, to Rs 1,110 recorded on February 28, 2024, which translates into an upside of over 35% in the last 3 months. The stock recently gave a breakout from a consolidation range on the weekly charts but failed to sustain above the 1,130 level.