Havells India shares down 0.07% as Sensex falls
Havells India Ltd. fell 0.07 per cent to Rs 1509.0 in Monday's session as of 10:30AM (IST) even as the equity benchmark Sensex traded 531.08 points lower at 73713.82.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1590.9 and a 52-week low of Rs 1174.35 on NSE. Around 12464 shares changed hands on the counter till 10:30AM (IST).
The stock opened at Rs 1479.9 and has touched an intraday high and low of Rs 1520.1 and Rs 1477.55 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 79.74, earnings per share (EPS) of Rs 18.86 and price to book value (PB) of 11.24, while the return on equity (ROE) stood at Rs 16.18.
Promoter/ FII Holding
The promoters held 59.43 per cent stake in the company as of April 15, while FII and MF ownerships stood at 23.96 per cent and 3.81 per cent, respectively.
Key Financials With a market capitalisation of Rs 94265.66 crore, the company operates in the Electronics/Electricals industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4469.75 crore, up 13.08 per cent from the previous quarter?s Rs 3952.81 crore and up 7.26 per cent from the same quarter a year ago. The company reported net profit of Rs 287.91 crore for the latest quarter, up 1.55 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 51.96. The RSI oscillates between zero and 100. Traditionally, it is considered overbought
