Voltas stock price: Voltas stock price up 1.15% as Sensex climbs

The shares of Voltas Ltd. rose 1.15% to reach Rs 1,265.65 at 12:27 p.m. (IST) on Thursday. Earlier in the day, the stock saw a gap in early trading.

According to available BSE data, the total amount traded over the counter stood at 27,544 shares with a turnover of Rs 3.47 crore as of 12:27 PM (IST). The stock traded at a price/earnings (P/E) multiple of 74.76, while the price-to-book ratio stood at 6.64.

The return on equity (ROE) was 10.51%, according to data from the exchange. The stock hit an intraday high of Rs 1269.4 and a low of Rs 1250.0 during the session and quoted a 52-week high price of Rs 1356.9 and a 52-week low of Rs 934, 3.

The stock’s beta, which measures its volatility relative to the broader market, was 1.17.

Technical indicators

The 200-DMA (daily moving average) of the stock stood at Rs 1183.64 on April 21, while the 50-DMA was at Rs 1241.41. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the stock can go either way.

The relative strength index (RSI) of stood at 50.09. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter holder

As of March 31, 2022, promoters held 30.3% of the company’s capital, while FIIs held 26.19% and domestic institutional investors 27.84%.

Eleanor C. William