Havells India share price: Havells India shares drop 1.36% as Sensex falls

Shares of Ltd. traded 1.36 per cent down at Rs 994.35 at 01:24PM (IST) on Friday, even as BSE benchmark Sensex dropped 23.61 points to 48667.19. The stock had settled at Rs 1008.05 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1237.8 and Rs 447.2, respectively.

As per BSE data, total traded volume on the counter till 01:24PM (IST) stood at 01:24PM shares with turnover at Rs 3.48 crore.

At the prevailing price, shares of the company trades at 67.95 times its trailing 12-month earnings per share of Rs 14.67 per share and 6.96 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.14.


Shareholding Details

Promoters held 59.5 per cent stake in the company as of 31-Mar-2021, while FIIs owned 24.91 per cent and DIIs 7.89 per cent.

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