Home Investment / Trading Technical Indicator Voltas Share Price: Voltas shares rise 1.13 per cent in Monday’s trading session

Voltas Share Price: Voltas shares rise 1.13 per cent in Monday’s trading session

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Voltas Share Price: Voltas shares rise 1.13 per cent in Monday’s trading session
Shares of Ltd. rose 1.13 per cent to Rs 1233.15 in Monday’s commerce as of 12:12PM (IST) even because the benchmark Nifty dominated at 17520.25, up 166.2 factors.

The scrip had closed at Rs 1219.35 within the earlier session. The inventory quoted a 52-week low of Rs 812.3 and a excessive of Rs 1356.9. The corporate quoted a market-cap of Rs 40346.43 crore on the BSE.

On BSE, 15,771 shares have modified palms on the counter up to now. At its prevailing worth, the inventory traded at 68.26 occasions its trailing 12-month EPS of Rs 17.86 per share and 6.64 occasions its e-book worth. The return on fairness (ROE) stood at Rs 10.51.



Key Financials

For the quarter ended 30-Sep-2021, Voltas Ltd. reported consolidated gross sales of Rs 1737.35 crore, down 5.24 per cent from the identical quarter a yr in the past. The corporate reported 32.24 per cent YoY progress in web revenue at Rs 103.61 crore for the newest quarter.

Technical indicators

The relative power index (RSI) of the inventory stood at Monday. The RSI oscillates between zero and 100. Historically, it’s thought-about overbought situation when the RSI worth is above 70 and oversold when it’s under 30.

Analysts say the RSI indicator shouldn’t be seen in isolation, because it is probably not adequate to take a buying and selling name, simply the best way a basic analyst can not give a “purchase” or “promote” suggestion utilizing a single valuation ratio.

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