The counter has had a total traded volume of 106971 shares so far with a value of Rs 13.62 crore on the NSE. It traded at a price-to-earnings multiple of 66.36 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 75.63 per cent during the past one year, while the 30-share index advanced 46.85 per cent during the same period.
Havells India Ltd. belongs to the Electronics/Electricals industry.
Promotor/FII Holding
Promoters held 59.47 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 26.76 per cent and 2.51 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 3271.33 crore for the quarter ended 30-Sep-2021, up 23.72 per cent from the previous quarter’s Rs 2644.17 crore and up 28.84 per cent from the year-ago quarter’s Rs 2538.99 crore.
Profit for the latest quarter stood at Rs 302.39 crore, down 7.34 per cent from the same quarter a year ago.
