Havells India stock price down 1.19 per cent as Sensex climbs
Havells India Ltd. fell 1.19 per cent to Rs 1816.0 at 12:54PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 16,839 shares with a turnover of Rs 3.07 crore till 12:54PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 81.84, while the price-to-book value ratio stood at 12.75.
Return on equity (ROE) was at 17.07 per cent, according to exchange data. The stock hit an intraday high of Rs 1844.6 and a low of Rs 1813.0 during the session and quoted a 52-week high price of Rs 1986.55 and a 52-week low of Rs 1233.1.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.14.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1528.81 on July 30, while the 50-DMA was at Rs 1854.01. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 45.7. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2024, promoters held 59.41 per cent stake in the company, while overseas investors held 25.33 per cent and domestic
