Share price of Voltas jumps as Sensex gains 138.78 points

By Et Markets Com7 days ago

Share price of

Voltas

AD

Ltd. gained 2.36 per cent to Rs 986.05 at 10:10AM (IST) in Wednesday's trade. The stock hit a high of Rs 993.2 and low of Rs 970.85 so far during the session. The stock had closed at Rs 963.35 in the previous session.

The counter had a total traded volume of 10:10AM shares so far with a turnover of Rs 2.08 crore on BSE. The stock traded at a price-to-earnings multiple of 73.66 and a price-to-book ratio of 3.7.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

Continue read on indiatimes.com