Havells India shares 0.58% as Sensex rises
Havells India Ltd. traded 0.58 per cent at Rs 1663.80 at 11:41AM (IST) on Thursday, even as BSE benchmark Sensex 36.4 points to 78509.27. The scrip had closed at Rs 1673.65 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2104.95 and Rs 1280.20, respectively.
As per BSE data, total traded volume on the counter till 11:41AM (IST) stood at 11:41AM shares with turnover at Rs 0.38 crore.
At the prevailing price, the stock trades at 73.94 times its trailing 12-month EPS of Rs 22.50 per share and 12.75 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
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