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HomeINVESTMENTHistory Maker Tata Stock: Excellent Share Performance; Market-dominating Stock

History Maker Tata Stock: Excellent Share Performance; Market-dominating Stock

Tata Group company: The share prices of Tata Group company Voltas Ltd (NSE: VOLTAS) have seen a stormy rise in the last year. In December 2023, the price of one share of Voltas Ltd was Rs 827. 

It is now at 1485 rupees. That is, since then, the company’s share prices have seen a jump of 80 percent. Let us tell you, that Voltas Ltd shares have seen a rise of 172 percent in the last 4 years.

Increase In Company Sales

The company’s performance was very good in the first quarter of the current financial year. In this time it has seen an upsurge of 33 percent in the price of stock.

This time the heat in the country had broken all records. In April, the temperature in many parts of the country broke all the old records. Due to this, the company’s products have been sold rapidly.

According to the report of SEMA, due to the heat from April to June, the sale of ACs reached 60 lakh units. That is 50 % more than last year’s figure. Voltas Ltd dominates the AC market in the country.

The Company Was Successful In Reaching Its Targets

Voltas Ltd had achieved the target of selling 20 lakh units for the financial year 2023-24. According to the data, the company sold 1 million ACs in the first 110 days of this year. 

Let us tell you, that even amidst competition, the market share of Tata Voltas Ltd remains at 18.7 percent.

It is expected that the room air conditioning market can achieve the target of Rs 50 thousand crore by 2028-29. Experts have expressed hope that this market can grow with a CAGR of 12 percent. 

Let us tell you, Voltas Ltd will get a big benefit from this. The company offers a lengthy catalog of products.

Voltas Ltd Stock Performance

Current Price₹ 1,488
52-wk High₹ 1,560 
52-wk Low₹ 745
5 Days Return2.99%
1 Month Return1.66%

Key Fundamentals Parameters

Market Cap₹ 49,227 Cr.
Stock P/E198
Book Value₹ 176
Dividend0.37 %
ROCE8.51 %
ROE4.40 %
Face Value₹ 1.00
P/B Value8.45
OPM2.69 %
EPS₹ 7.62
Debt₹ 744 Cr.
Debt to Equity0.13

Voltas Ltd Shareholding Pattern

Promoters Holding
Mar 202330.30%
June 202330.30%
Sept 202330.30%
Dec 202330.30%
Mar 202430.30%
FII Holding
Mar 202320.58%
Jun 202319.08%
Sep 202317.84%
Dec 202317.18%
Mar 202430.30%
DII Holding
Mar 202333.14%
Jun 202333.63%
Sep 202335.82%
Dec 202337.00%
Mar 202440.36%
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Govt. Holding
Mar 20230.21%
Jun 20230.21%
Sep 20230.21%
Dec 20230.21%
Mar 20240.21%
Public Holding
Mar 202315.78%
Jun 202316.78%
Sep 202315.84%
Dec 202315.32%
Mar 202414.41%

Voltas Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 7,658 Cr
2021₹ 7,556 Cr
2022₹ 7,934 Cr
2023₹ 9,499 Cr
2024₹ 12,481 Cr

Last 5 Years’ Net Profit:

2020₹ 521 Cr
2021₹ 529 Cr
2022₹ 506 Cr
2023₹ 136 Cr
2024₹ 248 Cr

Conclusion

This article provides a detail guide about Voltas Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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