Havells India shares down 0.88% as Sensex falls
Havells India Ltd. fell 0.88 per cent to Rs 1883.6 in Thursday's session as of 02:03PM (IST) even as the equity benchmark Sensex traded 112.91 points lower at 82239.73.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1986.55 and a 52-week low of Rs 1233.1 on NSE. Around 6930 shares changed hands on the counter till 02:03PM (IST).
The stock opened at Rs 1911.05 and has touched an intraday high and low of Rs 1917.25 and Rs 1859.65 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 84.79, earnings per share (EPS) of Rs 22.2 and price to book value (PB) of 12.75, while the return on equity (ROE) stood at Rs 17.07.
Promoter/ FII Holding
The promoters held 59.41 per cent stake in the company as of September 05, while FII and MF ownerships stood at 25.33 per cent and 3.81 per cent, respectively.
Key Financials With a market capitalisation of Rs 117989.3 crore, the company operates in the Electronics/Electricals industry. For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 5883.54 crore, up 6.63 per cent from the previous quarter?s Rs 5517.77 crore and up 20.11 per cent from the same quarter a year ago. The company reported net profit of Rs 407.9 crore for the latest quarter, up 42.09 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 52.64. The RSI oscillates between zero and 100. Traditionally, it is considered
