Share price of Havells India falls as Nifty strengthens

Share price of Havells India falls as Nifty strengthens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 31,789 shares changed hands on the counter till 02:10PM (IST).

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
Shares of Havells India Ltd. slipped 3.07 per cent to Rs 1093.35 in Friday's trade as of 02:10PM (IST).

The stock hit a high price of Rs 1126.0 and low of Rs 1088.8 during the session.

The return on equity (ROE) for the stock stood at 20.17 per cent. Traded volume on the counter stood at 02:10PM shares and turnover at Rs 3.5 crore around that time.

The stock of Havells India Ltd. quoted a 52-week high and 52-week low prices of Rs 1503.7 and Rs 958.35, 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 31-Dec-2021, while FIIs held 26.51 per cent and domestic institutional investors had 6.26 per cent.

Key Financials
The company reported consolidated sales of Rs 3713.05 crore for the quarter ended 31-Dec-2021, up 13.5 per cent from previous quarter's Rs 3271.33 crore and up 15.52 per cent from the year-ago quarter's Rs 3214.24 crore.

Net profit after tax for the latest quarter stood at Rs 305.82 crore, down 12.66 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(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.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by