The counter had a total traded volume of 12:24PM shares so far with a turnover of Rs 1.85 crore on BSE. The stock traded at a price-to-earnings multiple of 59.89 and a price-to-book ratio of 12.7.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Havells India Ltd. belongs to the Electronics/Electricals industry.
Promotor/FII Holding
Promoters held 59.5 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 24.91 per cent and 7.89 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 3375.87 crore for the quarter ended 31-Mar-2021, up 5.03 per cent from the previous quarter’s Rs 3214.24 crore and up 50.83 per cent from the year-ago quarter’s Rs 2238.22 crore.
Its profit for the latest quarter stood at Rs 303.83 crore, up 70.95 per cent from the same quarter a year ago.
