Share price of Havells India falls as Nifty strengthens

Share price of Havells India falls as Nifty strengthens
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Synopsis

A total of 19,306 shares changed hands on the counter till 02:06PM (IST).

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India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
Shares of Ltd. slipped 0.77 per cent to Rs 1034.3 in Tuesday's trade as of 02:06PM (IST).

The stock hit a high price of Rs 1049.95 and low of Rs 1028.05 during the session.

The return on equity (ROE) for the stock stood at 20.17 per cent. Traded volume on the counter stood at 02:06PM shares and turnover at Rs 1.99 crore around that time.

Did you Know?

Stock score of Havells India Ltd moved down by 2 in 6 months on a 10-point scale.

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The stock of Havells India Ltd. quoted a 52-week high and 52-week low prices of Rs 1237.8 and Rs 562.4, respectively.

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

Promotor/FII Holding
Promoters held 59.5 per cent stake in the company as of 31-Mar-2021, while overseas investors held 24.91 per cent and domestic institutional investors had 7.89 per cent.

Key Financials
The company reported consolidated sales of Rs 3375.87 crore for the quarter ended 31-Mar-2021, up 5.03 per cent from previous quarter's Rs 3214.24 crore and up 50.83 per cent from the year-ago quarter's Rs 2238.22 crore.

Net profit after tax for the latest quarter stood at Rs 303.83 crore, up 70.95 per cent from the same quarter a year ago.

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