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    Havells India shares rise 0.68% as Sensex climbs

    Synopsis

    A total of 8,448 shares changed hands on the counter till 02:03PM (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 1355.35 on BSE at 02:03PM (IST) on Tuesday, up 0.68 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, shares of the company saw a gap down opening in the morning.

    A total of 8,448 lakh shares changed hands on the counter till 02:03PM (IST).

    The stock of Havells India Ltd. commands a market value of Rs 85080.02 crore.

    The stock traded at a price-to-earning (P/E) multiple of 79.39, while the price-to-book value ratio stood at 11.24. Return on equity (ROE) was at 16.18 per cent, according to exchange data.

    In the BSE500 pack, 347 stocks traded in the green, while 154 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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