Share price of Havells India rises as Nifty strengthens

Share price of Havells India rises as Nifty strengthens
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Synopsis

A total of 47,512 shares changed hands on the counter till 12:57PM (IST).

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Shares of . gained 0.34 per cent to Rs 1239.15 in Monday's trade as of 12:57PM (IST).

The stock hit a high price of Rs 1248.85 and low of Rs 1228.5 during the session.

The return on equity (ROE) for the stock stood at 19.93 per cent. Traded volume on the counter stood at 12:57PM shares and turnover at Rs 5.86 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-Mar-2022, while overseas investors held 24.44 per cent and domestic institutional investors had 8.15 per cent.

Key Financials
The company reported consolidated sales of Rs 4470.37 crore for the quarter ended 31-Mar-2022, up 20.4 per cent from previous quarter's Rs 3713.05 crore and up 32.42 per cent from the year-ago quarter's Rs 3375.87 crore.

Net profit after tax for the latest quarter stood at Rs 352.48 crore, up 16.01 per cent from the same quarter a year ago.

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