Havells India rises 2.34% as Sensex climbs
Havells India Ltd. traded at Rs 1424.8 on BSE at 12:38PM (IST) on Friday, up 2.34 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, shares of the company saw a gap down opening in the morning.
A total of 18,751 lakh shares changed hands on the counter till 12:38PM (IST).
The stock of Havells India Ltd.
commanded a market value of Rs 89272.89 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 80.02, 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, 251 stocks traded in the green, while 251 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 1249.65 on September 15, while the 50-DMA was at 1329.96. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
