Voltas rose 1.64% to Rs 321.85 at 12:08 IST on BSE on reports that a foreign brokerage has maintained buy rating on the stock.
Meanwhile, the S&P BSE Sensex was up 32 points or 0.12% at 26,242.68.
On the BSE, 27,000 shares were traded on the counter so far as against the average daily volumes of 1.23 lakh shares in the past one quarter. The stock had hit a high of Rs 322.70 and a low of Rs 318 so far during the day.
The stock had hit a record high of Rs 406 on 20 October 2016 and a 52-week low of Rs 211.20 on 12 February 2016. It had outperformed the market over the past one month till 28 December 2016, advancing 5.36% compared with the Sensex's 0.53% fall. The scrip had, however, underperformed the market in past one quarter, sliding 16.96% as against the Sensex's 7.36% decline.
The large-cap company has equity capital of Rs 33.09 crore. Face value per share is Rs 1.
Voltas' consolidated net profit rose 7.2% to Rs 72.11 crore on 7.6% decline in net sales to Rs 958.05 crore in Q2 September 2016 over Q2 September 2015.
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Voltas is an air conditioning company and one of the world's premier engineering solutions providers and project specialists.
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