Voltas shares rise 0.27% as Nifty index gains

Voltas Ltd. shares increased by 0.27% to Rs 1644.00 on Friday, reaching an intraday high of Rs 1662.35. The stock has a 52-week high of Rs 1946.20 and a low of Rs 811.50. In the past month, Voltas shares have declined by 7.14%, while the BSE Sensex has gained 0.47%. The stock's price-to-earnings ratio is 98.48, indicating high investor expectations for future growth. As of September 30, 2024, promoters hold 30.3% of Voltas, with foreign institutional investors and mutual funds owning 18.08% and 24.36%, respectively. The company reported consolidated sales of Rs 2724.58 crore for the quarter ending September 30, 2024.