Voltas rises on launching new 'All-Star AC’

16 Mar 2016

Voltas is currently trading at Rs. 249.50, up by 1.05 points or 0.42% from its previous closing of Rs. 248.45 on the BSE.

The scrip opened at Rs. 250.50 and has touched a high and low of Rs. 251.50 and Rs. 248.85 respectively. So far 10,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 360.00 on 23-Jun-2015 and a 52 week low of Rs. 211.20 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 254.00 and Rs. 235.90 respectively. The current market cap of the company is Rs. 8,255.00 crore.

The promoters holding in the company stood at 30.31% while Institutions and Non-Institutions held 48.66% and 21.03% respectively.

Voltas, India's premier room air conditioner brand, has launched new ‘Voltas All Star ACs’. The ‘Voltas All Star AC’ range carries the core value proposition of ‘Run 2 ACs at the cost of 1 AC’. This is based on its unique 'Steady Cool' compressor which runs on a 'two stage inverter' technology. This cutting edge technology provides considerable power savings when compared to an ordinary compressor. Besides this, the All Star ACs are also environment friendly and efficient with their 'super silent operation (noise levels as low as 18 decibels)’, high ambient cooling (efficient cooling in temperatures as high as 54 degree Celsius) and advanced air purifier. In addition, this unique range also comes with a 5 year warranty offer.

Voltas is one of the world’s premier engineering solutions providers and project specialists. The company offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, materials handling equipment, water management & treatment, cold chain solutions, building management systems, and indoor air quality.

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