Havells India shares gain 1.17% as Sensex rises

Shares of Havells India Ltd. traded 1.17 per cent up at Rs 1390.65 at 11:36AM (IST) on Friday, even as BSE benchmark Sensex gained 326.74 points to 65835.06. The scrip had closed at Rs 1374.5 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1466.0 and Rs 1092.0, respectively.

As per BSE data, total traded volume on the counter till 11:36AM (IST) stood at 11:36AM shares with turnover at Rs 0.41 crore.

At the current price, the stock trades at 78.16 times its trailing 12-month EPS of Rs 17.8 per share and 11.24 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.14.

Shareholding Details
Promoters held 59.43 per cent stake in the company as of 30-Jun-2023, while FIIs owned 23.79 per cent and DIIs 9.68 per cent.