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    Havells India shares rise 0.54% as Sensex slides

    Synopsis

    A total of 1,965 shares changed hands on the counter till 10:35AM (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 the Havells India Ltd. traded at Rs 1187.65 on BSE at 10:35AM (IST) on Thursday, up 0.54 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 1058.7 and a high of Rs 1405.85.

    Earlier, the stock saw a gap down opening in the morning.

    A total of 1,965 lakh shares changed hands on the counter till 10:35AM (IST).

    The stock of Havells India Ltd. commands a market value of Rs 74266.46 crore.

    The stock traded at a price-to-earning (P/E) multiple of 69.66, while the price-to-book value ratio stood at 12.04. Return on equity (ROE) was at 19.93 per cent, according to exchange data.

    In the BSE500 pack, 284 stocks traded in the green, while 217 stocks were in the red.

    Promotor Holding
    Promoters held 59.45 per cent in the Havells India Ltd. as of 31-Mar-2023 while overseas and domestic institutional investors owned 23.11 per cent and 10.14 per cent, respectively.
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