NEW DELHI: Shares of Ltd. traded 0.25 per cent down in Tuesday’s trade at 11:57AM (IST). Around 14,275 shares changed hands on the counter.
The counter opened at Rs 1355.65 and touched an intraday high and low of Rs 1355.65 and Rs 1321.35, respectively, in the session so far. The stock of Havells India Ltd. quoted a 52-week high of Rs 1503.7 and a 52-week low of Rs 958.35.
As per BSE, the total market cap of the Havells India Ltd. stood at Rs 84084.32 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3271.33 crore for the quarter ended 30-Sep-2021, up 23.72 per cent from previous quarter’s Rs 2644.17 crore and up 28.84 per cent from the year-ago quarter’s Rs 2538.99 crore.
The net profit for latest quarter stood at Rs 302.39 crore, down 7.34 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 2.45 per cent stake in the company, while foreign institutional investors held 26.51 per cent and the promoters 59.47 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 70.53 and a price-to-book ratio of 12.7. 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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