The counter opened at Rs 1241.3 and touched an intraday high and low of Rs 1241.3 and Rs 1213.3, respectively, in the session so far. The stock of Havells India Ltd. quoted a 52-week high of Rs 1405.85 and a 52-week low of Rs 1058.7.
Total market cap of the Havells India Ltd. stood at Rs 77182.87 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 4905.92 crore for the quarter ended 31-Mar-2023, up 17.73 per cent from previous quarter's Rs 4167.21 crore and up 9.74 per cent from the year-ago quarter's Rs 4470.37 crore.
The net profit for latest quarter stood at Rs 358.04 crore, up 1.58 per cent from the same quarter a year ago.
As of 31-Mar-2023, domestic institutional investors held 3.91 per cent stake in the firm, while foreign institutional investors held 23.11 per cent and the promoters 59.45 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 72.02 and a price-to-book ratio of 12.04. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Havells India Ltd. belongs to the Electronics/Electricals industry.
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