08 Dec Havells India Share Price: Havells India declines 0.92% as Sensex climbs
The stock quoted a 52-week low price of Rs 1092.0 and a high of Rs 1466.0.
Earlier, the stock saw a gap down opening in the morning.
A total of 7,627 lakh shares changed hands on the counter till 12:53PM (IST).
The stock of Havells India Ltd. commanded a market value of Rs 83811.43 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 71.16, 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, 204 stocks traded in the green, while 297 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.14.
Promotor/FII Holding
Promoters held 59.43 per cent in Havells India Ltd. as of 30-Sep-2023 while overseas and domestic institutional investors owned 24.19 per cent and 3.47 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1290.7 on December 08, while the 50-DMA was at 1315.85. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.