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Voltas Gains 3%; BSE CONSUMER DURABLES Index Up 1.4%
Tue, 18 Jun 9:48

Voltas share price has zoomed 3% and is presently trading at Rs 1,539.3.

Meanwhile, the BSE CONSUMER DURABLES index is at 60,334.2 (up 1.4%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Bajaj Electricals (up 2.9%) and Titan (up 2.6%).

WHIRLPOOL OF INDIA (down 1.2%) and AMBER ENTERPRISES INDIA (down 1.2%) are among the top losers today.

Over the last one year, Voltas has moved up from Rs 806.6 to Rs 1,539.3, registering a gain of Rs 732.7 (up 90.8%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,294.8 to 60,334.2, registering a gain of 42.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 159.3%), Blue Star (up 129.7%) and Voltas (up 90.8%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 77,229.6 (up 0.3%).

The top gainers among the BSE Sensex today are Wipro (up 2.9%) and M&M (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 23,553.7 (up 0.4%). Wipro and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,143.2 to 77,229.6, registering a gain of 14,086.4 points (up 22.3%).

Voltas Financial Update...

Voltas net profit fell 13.1% YoY to Rs 1,490 million for the quarter ended March 2024, compared to a profit of Rs 1,714 million a year ago. Net sales rose 42.1% to Rs 42,029 million during the period as against Rs 29,568 million in January-March 2023.

For the year ended March 2024, Voltas reported 82.1% increase in net profit to Rs 2,481 million compared to net profit of Rs 1,362 million during FY23. Revenue of the company grew 31.4% to Rs 124,812 million during FY24.

The current Price to earnings ratio of Voltas, based on rolling 12 month earnings, stands at 131.7.

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