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    Havells India shares rise 0.08% as Sensex slides

    Synopsis

    A total of 38,025 shares changed hands on the counter till 01:17PM (IST)

    Once equity investing is viewed as a viable alternative to savings in the form of assets like property, gold and bank deposits, we may witness a spread of liquidity to a broader set of stocks.

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    PEER COMPANIES

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    Shares of the Ltd. traded at Rs 991.65 on BSE at 01:17PM (IST) on Monday, up 0.08 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 447.2 and a high of Rs 1237.8.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 38,025 lakh shares changed hands on the counter till 01:17PM (IST).

    The stock of Havells India Ltd. commands a market value of Rs 62028.5 crore.

    The stock traded at a price-to-earning (P/E) multiple of 67.55, while the price-to-book value ratio stood at 6.96. Return on equity (ROE) was at 17.05 per cent, according to exchange data.

    In the BSE500 pack, 285 stocks traded in the green, while 215 stocks were in the red.

    Promotor Holding
    Promoters held 59.5 per cent in the Havells India Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 24.91 per cent and 7.89 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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