Havells India Share Price: Share price of Havells India falls as Sensex drops 43.49 points
The share price of Havells India Ltd. dropped 1.67 per cent to Rs 1719.6 at 01:58PM (IST) in Thursday’s trade. The scrip has hit a high of Rs 1770.0 and low of Rs 1705.7 so far during the session. The stock had closed at Rs 1748.85 in the previous session.
The counter has had a total traded volume of 7480 shares so far with a value of Rs 1.28 crore on the NSE. It traded at a price-to-earnings multiple of 76.22 and a price-to-book ratio of 12.75.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth…
