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Voltas shares drop 0.19% as Sensex falls

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July 19, 2024
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Voltas shares  drop  0.19% as Sensex  falls
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Shares of Voltas Ltd. traded 0.19 per cent down at Rs 1490.7 at 10:20AM (IST) on Friday, even as BSE benchmark Sensex dropped 220.38 points to 81123.08. The scrip had closed at Rs 1493.65 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1550.5 and Rs 756.7, respectively.

As per BSE data, total traded volume on the counter till 10:20AM (IST) stood at 10:20AM shares with turnover at Rs 1.78 crore.

At the prevailing price, shares of the company trades at 195.33 times its trailing 12-month earnings per share of Rs 7.62 per share and 6.27 times its price-to-book value, BSE 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 is the measure of the price that investors are ready to pay even for no growth in the business. The Beta value of the stock, 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 31-Mar-2024, while FIIs owned 14.7 per cent and DIIs 40.22 per cent.

Tags: BSEDropfallsNiftynsesensexsharesStocks in newsVoltasvoltas ltdVoltas Share Price
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