Havells India Ltd. traded 0.39 per cent up at Rs 1883.65 at 12:17PM (IST) on Monday, even as BSE benchmark Sensex gained 31.45 points to 80468.29. The stock had settled at Rs 1876.2 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 1986.55 and Rs 1233.1, respectively.
As per BSE data, total traded volume on the counter till 12:17PM (IST) stood at 12:17PM shares with turnover at Rs 0.79 crore.
At the current price, shares of the company trades at 85.49 times its trailing 12-month earnings per share of Rs 22.2 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.14.
Shareholding Details Promoters held 59.41 per cent stake in the company as of 30-Jun-2024, while FIIs owned 25.33 per cent and DIIs 9.42 per cent.