Voltas rose 1.33% to Rs 106.45 at 13:26 IST on BSE, with the stock recovering on bargain hunting after recent decline.
Meanwhile, the BSE Sensex was down 75.36 points, or 0.36% to 21,058.85
On BSE, so far 1.76 lakh shares were traded in the counter compared with average volume of 4.49 lakh shares in the past one quarter.
The stock hit a high of Rs 108.30 and a low of Rs 105 so far during the day. The stock hit a 52-week high of Rs 124.50 on 10 December 2012. The stock hit a 52-week low of Rs 62.70 on 4 September 2013.
The stock had underperformed the market over the past one month till 13 January 2014, falling 7.53% compared with the Sensex's 2.02% rise. The scrip, however, outperformed the market in past one quarter, gaining 24.47% as against Sensex's 2.95% rise.
The mid-cap company has an equity capital of Rs 33.09 crore. Face value per share is Re 1.
Shares of Voltas had declined 13.32% in five trading days to Rs 105.05 on 13 January 2014 from a recent high of Rs 121.20 on 6 January 2014.
On a consolidated basis, Voltas's net profit fell 1.5% to Rs 42.28 crore on 7.2% decline in net sales to Rs 1076.53 crore in Q2 September 2013 over Q2 September 2012.
Voltas is India's largest air conditioning company, and one of the world's premier engineering solutions providers and project specialists. It 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, water management & treatment, cold chain solutions, building management systems, and indoor air quality.
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