Havells India declines 0.27% as Sensex climbs

economictimes.indiatimes.com:

Havells India Ltd. traded at Rs 1508.6 on BSE at 12:48PM (IST) on Wednesday, down 0.27 per cent from previous close.
The scrip quoted a 52-week low price of Rs 1158.5 and a high of Rs 1590.9.

Earlier, the stock saw a gap up opening in the morning.
A total of 46,173 lakh shares changed hands on the counter till 12:48PM (IST).
The stock of Havells India Ltd. commanded a market value of Rs 95396.82 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 80.7, while the price-to-book value ratio stood at 11.24. Return on equity (ROE) was at 16.18 per cent, according to exchange data.
In the BSE500 pack, 288 stocks traded in the green, while 212 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.14.
Promotor/FII Holding Promoters held 59.43 per cent in Havells India Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 23.96 per cent and 3.81 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1364.56 on April 10, while the 50-DMA was at 1454.84. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.