Share price of Havells India rises as Nifty strengthens

economictimes.indiatimes.com:

Havells India Ltd. gained 1.67 per cent to Rs 1817.25 in Wednesday's trade as of 12:12PM (IST).
The stock hit a high price of Rs 1822.2 and low of Rs 1791.0 during the session.

The return on equity (ROE) for the stock stood at 17.07 per cent. Traded volume on the counter stood at 12:12PM shares and turnover at Rs 0.5 crore around that time.
The stock of Havells India Ltd. quoted a 52-week high and 52-week low prices of Rs 1986.55 and Rs 1233.1, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.14.
Promotor/FII Holding Promoters held 59.41 per cent stake in the company as of 30-Jun-2024, while FIIs held 25.33 per cent and domestic institutional investors had 9.42 per cent.
Key Financials The company reported consolidated sales of Rs 5883.54 crore for the quarter ended 30-Jun-2024, up 6.63 per cent from previous quarter's Rs 5517.77 crore and up 20.11 per cent from the year-ago quarter's Rs 4898.64 crore.
Net profit after tax for the latest quarter stood at Rs 407.9 crore, up 42.09 per cent from the same quarter a year ago.