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Voltas surges on joining hands with ACREX India 2019 as its knowledge partner

28 Feb 2019 Evaluate

Voltas is currently trading at Rs. 554.95, up by 12.65 points or 2.33% from its previous closing of Rs. 542.30 on the BSE.

The scrip opened at Rs. 559.00 and has touched a high and low of Rs. 559.00 and Rs. 542.00 respectively. So far 59307 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 664.60 on 23-Apr-2018 and a 52 week low of Rs. 471.00 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 559.00 and Rs. 524.40 respectively. The current market cap of the company is Rs. 18382.30 crore.

The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 47.87% and 21.83% respectively.

Voltas has strengthened its position by associating with South Asia's largest HVAC exhibition, ACREX India 2019 as its knowledge partner.

Voltas has displayed its strengths across projects undertaken by its Domestic Projects Group in the Electrification, Water Management Solutions and MEP segments.

Voltas has been a preferred contractor on projects such as Metro lines in New Delhi, Chennai and Kolkata, Airports in Delhi, Hyderabad, etc; as the MEP solutions provider for commercial, educational and hospitality spaces including Saifee Hospital, TCS Siruseri campus in Chennai, the Indira Gandhi Paryavaran Bhawan which is the first ‘Net Zero’ building in India, among many other notable ones.

Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Peers
Company Name CMP
Voltas 1164.50
Blue Star 1560.00
Amber Enterprises 7237.20
EPACK Durable 185.30
Bosch Home Comfort 1707.50
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