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Voltas surges on bagging order from CMS Infosystems

11 Oct 2013 Evaluate

Voltas is currently trading at Rs. 85.20, up by 0.75 points or 0.89% from its previous closing of Rs. 84.45 on the BSE.

The scrip opened at Rs. 85.00 and has touched a high and low of Rs. 85.70 and Rs. 84.80 respectively. So far 32,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 127.25 on 12-Oct-2012 and a 52 week low of Rs. 62.70 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 87.15 and Rs. 79.20 respectively. The current market cap of the company is Rs. 2,820 crore.

The promoters holding in the company stood at 30.15% while Institutions and Non-Institutions held 43.73% and 26.12% respectively. 

Voltas, India's largest air-conditioning company, has received a large order from CMS Infosystems (CMSI) for 10,000 split AC units to be deployed at thousands of ATM sites of State Bank of India spread across the country. The order follows from CMSI's recent victory in their tender bid for air conditioning 7,805 ATM locations of SBI, requiring totally 15,000 split ACs. Practically every leading AC brand has been in competition to meet CMSI's requirement, with Voltas emerging the winner. The company expects to deliver most of the 10,000 units by end-December. Meanwhile, there is every expectation that the order will be increased to include the remaining 5,000 AC units as well.

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.

Voltas Share Price

1342.00 -15.65 (-1.15%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Voltas 1342.00
Blue Star 1667.45
Amber Enterprises 7886.95
Bosch Home Comfort 1382.60
EPACK Durable 229.90
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