Voltas Share Worth: Maintain Voltas, Goal Worth Rs 1120: ICICI Direct

ICICI Direct has an advisory inventory of Voltas with a goal worth of Rs 1120. Ltd. The present market worth of Rs.1000.45 is Rs. The time interval given by the analyst is one 12 months.

Voltas Ltd., included within the 12 months 1954, is a Giant Cap firm (having a market cap of Rs 33629.47 Crore) working in Client Durables sector.

The foremost product/income segments of Voltas Restricted embody Electrical Items, Contract Income, Gross sales of Providers, Different Working Income and Scrap for the 12 months ended 31-March-2021.

monetary state of affairs

For the quarter ended 31-03-2022, the Firm reported Consolidated Whole Revenue of Rs.2703.78 crores, up 48.37% from the earlier quarter’s whole earnings of Rs.1822.34 crores and up .77% over the corresponding quarter final 12 months at Rs.2683.24 crores. whole earnings of Firm has reported Web Revenue after Tax of Rs 211.56 Crore in newest quarter.

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Promoter/FII Holdings
Promoters held 30.3 per cent stake within the firm as on 31-March-2022, whereas FIIs held 26.19 per cent, DIIs 27.84 per cent.

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