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1 Comment
Voltas Limited is currently in a long term uptrend where the price is trading 9.9% above its 200 day moving average.
From a valuation standpoint, the stock is 43.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 4.7.
Voltas Limited's total revenue rose by 32.0% to $20B since the same quarter in the previous year.
Its net income has increased by 47.2% to $1B since the same quarter in the previous year.
Finally, its free cash flow fell by 253.7% to $-4B since the same quarter in the previous year.
Based on the above factors, Voltas Limited gets an overall score of 4/5.
ISIN | INE226A01021 |
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Industry | Specialty Industrial Machinery |
Sector | Industrials |
CurrencyCode | INR |
Exchange | NSE |
Beta | 0.46 |
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Dividend Yield | 0.7% |
Target Price | 945.08 |
PE Ratio | 156.26 |
Market Cap | 272B |
Voltas Limited operates as an air conditioning and engineering company primarily in India, the Middle East, Singapore, and internationally. It operates through three segments: Unitary Cooling Products for Comfort and Commercial Use; Electro-Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow, and chillers. It also undertakes electro-mechanical projects, including electrical; heating, ventilation, and air conditioning projects; and plumbing, firefighting, extra low voltage, and specialized activities. In addition, the company provides facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, AMCs, retrofits and energy management, etc. Further, it engages in the provision of water treatment solutions for industrial, oil and gas, and sewage segments; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for mining and construction industry; manufactures ducts and duct accessories; and undertakes engineering, procurement, and construction projects. It also engages in the drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.
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