Havells India rises 0.78% as Sensex climbs
Havells India Ltd. traded at Rs 1410.0 on BSE at 11:47AM (IST) on Wednesday, up 0.78 per cent from previous close.
The stock quoted a 52-week low price of Rs 1092.0 and a high of Rs 1466.0.
Earlier, the stock saw a gap up opening in the morning.
A total of 4,533 lakh shares changed hands on the counter till 11:47AM (IST).
The stock of Havells India Ltd.
commanded a market value of Rs 88715.15 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 79.52, 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, 417 stocks traded in the green, while 84 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 30-Jun-2023 while overseas and domestic institutional investors owned 23.78 per cent and 3.47 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1265.85 on October 11, while the 50-DMA was at 1359.72. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
