The return on fairness (ROE) for the inventory stood at 19.93 per cent. Traded quantity on the counter stood at 10:20AM shares and turnover at Rs 0.42 crore round that point. The inventory of Havells India Ltd. quoted a 52-week excessive worth of Rs 1405.85 and 52-week low costs of Rs 1037.8, respectively.
The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.14.
Promotor/FII Holding
Promoters held 59.45 per cent stake within the firm as of 31-Dec-2022, whereas FIIs held 23.1 per cent and home institutional traders had 4.21 per cent.
Key Financials
The corporate reported consolidated gross sales of Rs 4167.21 crore for the quarter ended 31-Dec-2022, up 11.92 per cent from earlier quarter’s Rs 3723.26 crore and up 12.23 per cent from the year-ago quarter’s Rs 3713.05 crore. Internet revenue after tax for the newest quarter stood at Rs 283.52 crore, down 7.29 per cent from the identical quarter a yr in the past.
Technicals
The MACD signalled a bullish bias on the counter. The MACD is thought for signalling development reversals in traded securities or indices.
It’s the distinction between the 26-day and 12-day exponential shifting averages. A nine-day exponential shifting common, referred to as the sign line, is plotted on topof the MACD to replicate “purchase” or “promote” alternatives. When the MACD crosses beneath the sign line, it provides a bearish sign, indicating that the value of the safety may even see a downward motion and vice versa.
