Search
+
    The Economic Times daily newspaper is available online now.

    Share price of Havells India falls as Nifty weakens

    Synopsis

    A total of 7,695 shares changed hands on the counter till 01:37PM (IST).

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    Shares of Havells India Ltd. slipped 0.48 per cent to Rs 1216.4 in Thursday's trade as of 01:37PM (IST).

    The stock hit a high price of Rs 1224.5 and low of Rs 1212.85 during the session.

    The return on equity (ROE) for the stock stood at 19.93 per cent. Traded volume on the counter stood at 01:37PM shares and turnover at Rs 0.94 crore around that time.

    The stock of Havells India Ltd. quoted a 52-week high and 52-week low prices of Rs 1405.85 and Rs 1040.8, 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 59.45 per cent stake in the company as of 31-Dec-2022, while FIIs held 22.6 per cent and domestic institutional investors had 10.27 per cent.

    Key Financials
    The company reported consolidated sales of Rs 4167.21 crore for the quarter ended 31-Dec-2022, up 11.92 per cent from previous quarter's Rs 3723.26 crore and up 12.23 per cent from the year-ago quarter's Rs 3713.05 crore.

    Net profit after tax for the latest quarter stood at Rs 283.52 crore, down 7.29 per cent from the same quarter a year ago.
    Experience Your Economic Times Newspaper, The Digital Way!
    • Front Page
    • Pure Politics
    • Disruption
    • Companies & Economy
    • More
      (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
      The Economic Times

      Stories you might be interested in