Havells India Share Price: Share price of Havells India surges as Sensex falls by 0.31 points.
The counter has so far recorded a total trading volume of 1981 shares with a value of Rs 0.28 crore on the NSE. The stock traded at a price-to-earnings multiple of 74.33 and a price-to-book ratio of 11.24.
A higher P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth.
Price book value represents the intrinsic value of a company and reflects the price investors are willing to pay even if the company does not grow.
Over the past year, bonds are up 15.41%, while the 30-stock index is up 20.89% over the same period.
Havells India Ltd. belongs to the Electronics/Electrical industry. Promoter/FII holdings
Promoters hold 59.43% stake in the company as on December 31, 2023, while foreign investors and domestic institutional investors hold 23.96% and 3.81% stake, respectively.
main financial
The company reported consolidated net sales of Rs 4469.75 crore for the quarter ended December 31, 2023, up 13.08% from Rs 3952.81 crore in the previous quarter and 7.26% up from Rs 4167.21 crore in the year-ago quarter.
Profit for the latest quarter stood at Rs 287.91 crore, up 1.55% year-on-year.
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