Voltas Ltd. Surges in Stock Market, Hits New High Amidst Positive Performance

Aug 20 2024 01:45 PM IST
share
Share Via
Voltas Ltd., a leading player in the air conditioning industry, has been performing exceptionally well in the stock market. On August 20, 2024, the company's stock gained 3.08%, outperforming the sector by 2.23%. This positive trend has been consistent for the past two days, with the stock rising by 7.55%. Voltas Ltd. has also hit a new 52-week and all-time high of Rs. 1653, showcasing its strong growth and potential. The company has received a 'Buy' call from MarketsMojo, and its stock is currently trading higher than its moving averages. In comparison to the overall market, Voltas Ltd. has outperformed the Sensex by a significant margin, making it a promising stock in the air conditioning industry.

Voltas Ltd., a leading player in the air conditioning industry, has been making waves in the stock market with its recent performance. On August 20, 2024, the company's stock gained 3.08%, outperforming the sector by 2.23%. This positive trend has been consistent for the past two days, with the stock rising by 7.55% in that period.

The stock's performance has been further bolstered by its new 52-week and all-time high of Rs. 1653, which was hit today. This is a significant milestone for the company and reflects its strong growth and potential in the market.

In fact, MarketsMOJO has given a 'Buy' call for Voltas Ltd., indicating its confidence in the company's future prospects. This is supported by the fact that the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Voltas Ltd. has outperformed the Sensex by a significant margin. Its 1-day performance was 3.21% compared to the Sensex's 0.53%, while its 1-month performance was 13.69% compared to the Sensex's 0.31%.

With its strong performance and positive outlook, Voltas Ltd. is definitely a stock to watch out for in the air conditioning industry. Investors can expect continued growth and success from this largecap company.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Chandan Healthca falling/rising?
24 minutes ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
25 minutes ago
share
Share Via
Why is Solarium Green falling/rising?
25 minutes ago
share
Share Via
Why is Gajanand Inter. falling/rising?
25 minutes ago
share
Share Via
Why is Sahasra Electro. falling/rising?
25 minutes ago
share
Share Via
Why is Globale Tessile falling/rising?
25 minutes ago
share
Share Via
Why is AWFIS Space falling/rising?
25 minutes ago
share
Share Via