Share price of Havells India rises as Nifty strengthens

Shares of Ltd. gained 0.07 per cent to Rs 1152.25 in Friday's trade as of 10:30AM (IST).

The stock hit a high price of Rs 1166.55 and low of Rs 1139.05 during the session.

The return on equity (ROE) for the stock stood at 20.17 per cent. Traded volume on the counter stood at 10:30AM shares and turnover at Rs 8.24 crore around that time.

The stock of Havells India Ltd. quoted a 52-week high and 52-week low prices of Rs 1237.8 and Rs 568.4, 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 59.47 per cent stake in the company as of 30-Jun-2021, while FIIs held 24.01 per cent and domestic institutional investors had 8.17 per cent.

Key Financials
The company reported consolidated sales of Rs 2644.17 crore for the quarter ended 30-Jun-2021, down 21.67 per cent from previous quarter's Rs 3375.87 crore and down 74.47 per cent from the year-ago quarter's Rs 1515.56 crore.

Net profit after tax for the latest quarter stood at Rs 235.78 crore, up 268.52 per cent from the same quarter a year ago.