The counter opened at Rs 1021.1 and touched an intraday high and low of Rs 1035.65 and Rs 1020.1, respectively, in the session so far. Shares of the company of Havells India Ltd. quoted a 52-week high of Rs 1237.8 and a 52-week low of Rs 562.4.
As per BSE, the total market cap of the Havells India Ltd. stood at Rs 64620.19 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3375.87 crore for the quarter ended 31-Mar-2021, up 5.03 per cent from previous quarter’s Rs 3214.24 crore and up 50.83 per cent from the year-ago quarter’s Rs 2238.22 crore.
The net profit for latest quarter stood at Rs 303.83 crore, up 70.95 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 2.24 per cent stake in the company, while foreign institutional investors held 24.91 per cent and the promoters 59.5 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 61.88 and a price-to-book ratio of 12.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
