Latest news with #VoltasLimited
Business Insider
7 days ago
- Business
- Business Insider
Voltas Limited (VOLTAS) Receives a Hold from Investec
Investec analyst Aditya Bhartia maintained a Hold rating on Voltas Limited today and set a price target of INR1,140.00. The company's shares closed last Friday at INR1,304.90. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Bhartia is an analyst with an average return of -0.7% and a 50.00% success rate. Bhartia covers the Consumer Goods sector, focusing on stocks such as Asian Paints Ltd., Crompton Greaves Consumer Electricals Ltd., and Polycab India Ltd.. Currently, the analyst consensus on Voltas Limited is a Hold with an average price target of INR1,311.43. The company has a one-year high of INR1,946.20 and a one-year low of INR1,172.20. Currently, Voltas Limited has an average volume of 62.68K.
News18
08-05-2025
- Business
- News18
Voltas Share Price: Tata Group Stock Climbs After Net Profit Jumps 112%, Check Dividend Announcement
Last Updated: Voltas Share Price: Voltas shares traded 3 per higher intraday on Thursday following its net profit doubled in Q4 FY25 to Rs 236 crore. Check dividend announcement. Voltas Share Price: Voltas Ltd's shares gained 3 per cent intraday on Thursday after AC maker's profit doubled in Q4 FY25. The stocks climbed to the day's high at Rs 1287.60 apiece, against the previous close at Rs 1244.45 apiece. At the time of writing the stocks were trading at Rs 1260.90 apiece with a gain of 1.32 per cent on BSE. Voltas Ltd's current market cap stands at Rs 41,744.42 crore. It is a part of BSE 200 index. Voltas Dividend 2025 Voltas Ltd board also announced dividend of Rs 7 per share on face value of Rs 1 per share (700%) for the year 2024-25, which will be paid on or after 5th day from conclusion of ensuing 71st AGM. Voltas Q4 FY25 Results For the quarter ended 31st March 2025, the Consolidated Total Income grew by 14%, reaching Rs 4,847 crores, compared to Rs 4,257 crores in the same quarter last year. Profit before tax soared by 97%, amounting to Rs 343 crores from Rs 174 crores. Net Profit (after tax) also saw a substantial increase, climbing to Rs 236 crores from Rs 111 crores in the corresponding quarter last year. Highest Ever Profit In Company's History For the year ended 31st March 2025, the company reported a 24% increase in Consolidated Total Income, reaching Rs 15,737 crores, up from Rs 12,734 crores in the same period last year. Profit before tax surged by 145%, amounting to Rs 1,191 crores compared to Rs 486 crores previously. Net Profit (after tax) also experienced a significant rise, standing at Rs 834 crores, up from Rs 248 crores in the corresponding period last year. This marks the highest ever profit in the company's history. Voltas Limited is a premier air conditioning and engineering solutions provider and a projects specialist. Founded in India in 1954, Voltas Limited is part of the Tata Group, and in addition to Room Air Conditioners, Voltas also produces and sells Air Coolers, Air Purifiers, Water Dispensers and Water Coolers, Commercial Refrigeration, Commercial Air Conditioning products. First Published: May 08, 2025, 12:39 IST
