Voltas Ltd. Shares Rise in Thursday’s Trade

Voltas Ltd. Shares Rise in Thursday’s Trade

Shares of Voltas Ltd. gained 1.14 per cent to Rs 1491.9 in Thursday’s trade as of 01:14 PM (IST). The stock hit a high price of Rs 1494.05 and low of Rs 1463.35 during the session. The return on equity (ROE) for the stock stood at 2.47 per cent. Promoters held 30.3 per cent stake in the company as of 31-Mar-2024, while FIIs held 14.7 per cent and domestic institutional investors had 40.22 per cent. The company reported consolidated sales of Rs 2683.61 crore for the quarter ended 31-Dec-2023, up 13.53 per cent from the previous quarter’s Rs 2363.73 crore and up 31.79 per cent from the year-ago quarter’s Rs 2036.27 crore. Net loss after tax for the latest quarter stood at Rs 30.41 crore, down 72.45 per cent from the same quarter a year ago.

TIS Staff

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