The stock surged 10.12 per cent to touch its one-year high of Rs 451.25 on BSE.
At NSE, shares of the company advanced by 9.99 per cent to Rs 450.80 -- its 52-week high.
Tata Group firm Voltas yesterday reported 22.06 per cent increase in consolidated net profit at Rs 200.47 crore for the fourth quarter ended March 31.
The company had posted a net profit of Rs 164.23 crore in the January-March quarter a year ago, Voltas said in a BSE filing.
Meanwhile, Voltas and Turkey's Arcelik have decided to set up a USD 100 million joint venture for making a foray into the country's consumer durables market.
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