Havells India shares rise 1.86 per cent in Thursday's trading session

economictimes.indiatimes.com:

Havells India Ltd. rose 1.86 per cent to Rs 1509.5 in Thursday's trade as of 10:50AM (IST) even as the benchmark Nifty ruled at 22177.35, up 29.45 points.
The scrip had closed at Rs 1481.8 in the previous session. The stock quoted a 52-week low of Rs 1175.05 and a high of Rs 1590.9. The company quoted a market-cap of Rs 92861.89 crore on the BSE.

On BSE, 4,254 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 78.56 times its trailing 12-month EPS of Rs 18.86 per share and 11.24 times its book value. The return on equity (ROE) stood at Rs 16.18.
Key Financials For the quarter ended 31-Dec-2023, Havells India Ltd. reported consolidated sales of Rs 4469.75 crore, up 7.26 per cent from the same quarter a year ago. The company reported 1.55 per cent YoY growth in net profit at Rs 287.91 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.