Havells India share price: Havells India declines 0.33% as Sensex climbs

Shares of Ltd. traded at Rs 1226.85 on BSE at 12:24PM (IST) on Wednesday, down 0.33 per cent from previous close.

The scrip quoted a 52-week low price of Rs 584.1 and a high of Rs 1246.85.

Earlier, the stock saw a gap up opening in the morning.

A total of 55,089 lakh shares changed hands on the counter till 12:24PM (IST).

The stock of Havells India Ltd. commanded a market value of Rs 77357.82 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 63.61, while the price-to-book value ratio stood at 12.7. Return on equity (ROE) was at 20.17 per cent, according to exchange data.

In the BSE500 pack, 167 stocks traded in the green, while 333 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.14.

Promotor/FII Holding

Promoters held 59.47 per cent in Havells India Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 24.01 per cent and 2.93 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 992.1 on August 04, while the 50-DMA was at 1053.09. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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