Havells India shares gain 1.14% as Sensex rises

Havells India shares gain 1.14% as Sensex rises
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A total of 11,493 shares changed hands on the counter till 10:56AM (IST)

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
Shares of the Havells India Ltd. traded at Rs 1200.15 on BSE at 10:56AM (IST) on Wednesday, up 1.14 per cent. The stock quoted a 52-week low price of Rs 958.35 and a high of Rs 1503.7.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 65.56 times its trailing 12-month EPS of Rs 18.33 per share and 12.7 times its book value, as per BSE data.

A total of 11,493 shares changed hands on the counter till 10:56AM (IST). The stock commands a market value of Rs 75250.31 crore and is part of the Electronics/Electricals industry.

The scrip has been an underperformer , up 5.37 per cent in the past one year in comparison with a 20.54 per cent gain in Sensex.

During the day, the stock moved between Rs 1203.3 and Rs 1187.45.

Promoter/FII Holding
Promoters held 59.47 per cent in the company as of 31-Dec-2021. FII and MF ownership in Havells India Ltd. stood at 26.51 per cent and 2.45 per cent, respectively.

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