Voltas stock price up 2.3 per cent as Sensex climbs

As per data available on BSE, total traded quantity on the counter stood at 40,524 shares with a turnover of Rs 3.49 crore till 10:00AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 164.04, while the price-to-book value ratio stood at 7.49.

Return on equity (ROE) was at 9.16 per cent, according to exchange data. The stock hit an intraday high of Rs 869.7 and a low of Rs 842.9 during the session and quoted a 52-week high price of Rs 1347.75 and a 52-week low of Rs 737.6.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.17.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 916.1 on February 14, while the 50-DMA was at Rs 813.88. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 67.22. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30. Promoter holding

As of 31-Dec-2022, promoters held 30.3 per cent stake in the company, while foreign institutional investors held 21.58 per cent and domestic institutional investors had 30.99 per cent.