The scrip had closed at Rs 1411.5 in the previous session. The stock quoted a 52-week low of Rs 645.7 and a high of Rs 1481.4. The company quoted a market-cap of Rs 88402.68 crore on the BSE.
On BSE, 57,863 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 72.69 times its trailing 12-month EPS of Rs 19.42 per share and 12.7 times its book value. The return on equity (ROE) stood at Rs 20.17.
Key Financials
For the quarter ended 30-Jun-2021, Havells India Ltd. reported consolidated sales of Rs 2644.17 crore, down 74.47 per cent from the same quarter a year ago. The company reported 268.52 per cent YoY growth in net profit at Rs 235.78 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
