Havells India Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 77965.34 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2644.17 Crore, down -21.67 % from last quarter Total Income of Rs 3375.87 Crore and up 74.47 % from last year same quarter Total Income of Rs 1515.56 Crore. Company reported net profit after tax of Rs 235.78 Crore in latest quarter.
Investment Rationale
Resolute breakout above last six months range (1,230-958) and RSI in buy mode.
Promoter/FII Holdings
Promoters held 59.5 per cent stake in the company as of June 30, 2021, while FIIs held 24.2 per cent, DIIs 8 per cent and public and others 8.4 per cent.
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