Havells India share price: Havells India share price down 1.54 per cent

Shares of Ltd. traded 1.54 per cent up at Rs 1215.2 at around 12:19PM (IST) on Thursday. The stock had closed at Rs 1234.2 in the previous session. Equity benchmark Sensex traded 89.26 points higher at 54459.03 around the same time.

The scrip has climbed 100.63 per cent in the last one year till date, while the 30-share index has gained 41.46 per cent during the same period.

The stock’s 52-week high price stood at Rs 1246.85 and the 52-week low price at Rs 584.1.

Trading volume on the counter stood at 39,250 shares, while it quoted a price-to-earnings ratio of 62.74, an EPS value of 19.42 and a price-to-book value of 12.7. In the Nifty50 pack, 22 stocks traded in the green, while 28 stocks were in the red.

Promoter/FII Holding
Promoters held 59.47 per cent stake in the company as of 30-Jun-2021, while FII and MF ownership stood at 24.01 per cent and 2.93 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2644.17 crore, down 21.67 per cent from the previous quarter’s Rs 3375.87 crore and down 74.47 per cent from the year-ago quarter’s Rs 1515.56 crore. The company reported net profit of Rs 235.78 crore for the latest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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