This consumer durable stock zoomed more than 7 per cent

This consumer durable stock zoomed more than 7 per cent

Shreya Chaware
/ Categories: Trending, DSIJ News

The sectoral index which recorded highest gain in today's session was BSE Consumer Durables Index which gained 4.4 per cent.

In today's trading session, Sensex and Nifty remained bullish throughout and touched record high levels. Sensex ended at 52,232.43 level, recording 0.74 per cent increase and Nifty ended at 15,690.35 levels, registering a 0.73 per cent increase.

The sectoral index which recorded highest gain in today's session was BSE Consumer Durables Index which gained 4.4 per cent. The consumer durable stock which glued the investors eyes towards itself was Voltas Limited. 

Voltas Limited has recently announced its quarterly results for Q4FY21. The total income for the quarter improved by 25 per cent whereas the company witnessed a 49 per cent jump in its consolidated net profit. The cooling products business has revived and made good recovery post easing of lockdown restrictions and the arrival of the peak summer season registering 18 per cent volume gain.

Voltas Limited is an Indian multinational home appliances company specialising in air conditioning and cooling technology. The share has delivered 96.47 per cent returns to its shareholders in past 12-month period whereas 15.3 per cent return in the month gone by. On Thursday, the share closed at Rs 1,111.90 per share and zoomed by 7.49 per cent.

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