Havells India shares decline 2.6% as Sensex slides
Havells India Ltd. traded at Rs 1348.1 on BSE at 02:00PM (IST) on Wednesday, down 2.6 per cent from previous close.
The scrip 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 48,058 lakh shares changed hands on the counter till 02:00PM (IST).
The stock of Havells India Ltd.
commands a market value of Rs 84350.37 crore.
The stock traded at a price-to-earning (P/E) multiple of 75.61, 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, 132 stocks traded in the green, while 369 stocks were in the red.
Promotor Holding Promoters held 59.43 per cent in the Havells India Ltd. as of 30-Sep-2023 while overseas and domestic institutional investors owned 24.19 per cent and 9.38 per cent, respectively.
