Voltas shares jumped on Friday after the company reported a sharp rise in consolidated net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 11.26 times to Rs 1,004.10 million from Rs 89.20 million in the same quarter last year.
Net sales for the quarter declined 8.41% to Rs 14,628.10 million, compared with Rs 15,971.10 million for the prior year period.
Shares of the company are trading at Rs 185.90, up Rs 5.95, or 3.31% at the Bombay Stock Exchange (BSE) on Friday at 9:50 a.m.
The scrip has touched an intra-day high of Rs 188.00 and low of Rs 183.25. The total volume of shares traded at the BSE is 160,037.
In the earlier session, the shares rose 1.1%, or Rs 1.95, at Rs 179.95.
Currently, the stock is trading down 10.92% from its 52-week high of Rs 208.70 and above 196.49% over the 52-week low of Rs 62.70.