Friday, September 24, 2021
HomeBanking and financeHavells India shares down 1.11% as Nifty gains

Havells India shares down 1.11% as Nifty gains

NEW DELHI: Shares of Ltd. traded 1.11 per cent down in Tuesday’s commerce at 12:29PM (IST). Round 42,221 shares modified palms on the counter.

The counter opened at Rs 1270.0 and touched an intraday excessive and low of Rs 1279.7 and Rs 1245.8, respectively, within the session up to now. Shares of the corporate of Havells India Ltd. quoted a 52-week excessive of Rs 1288.9 and a 52-week low of Rs 609.1.

Whole market cap of the Havells India Ltd. stood at Rs 78143.83 crore on the time of penning this report.

Key Financials

The corporate reported consolidated web gross sales of Rs 2644.17 crore for the quarter ended 30-Jun-2021, down 21.67 per cent from earlier quarter’s Rs 3375.87 crore and down 74.47 per cent from the year-ago quarter’s Rs 1515.56 crore.

The web revenue for contemporary quarter stood at Rs 235.78 crore, up 268.52 per cent from the identical quarter a yr in the past.

Shareholding sample

As of 30-Jun-2021, home institutional buyers held 2.93 per cent stake within the agency, whereas overseas institutional buyers held 24.01 per cent and the promoters 59.47 per cent.

Valuation ratio

In response to BSE information, the inventory traded at a price-to-earnings a number of of 64.26 and a price-to-book ratio of 12.7. The next P/E ratio exhibits buyers are keen to pay the next worth due to higher future progress expectations. Value-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no progress within the enterprise.

Havells India Ltd. belongs to the Electronics/Electricals business.



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