Havells India Share Price: Havells India shares drop 0.73% as Sensex falls

Shares of Havells India Ltd. traded 0.73 per cent down at Rs 1925.0 at 01:08PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 296.69 points to 81676.36. The stock had settled at Rs 1939.2 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2104.95 and Rs 1233.1, respectively.

As per BSE data, total traded volume on the counter till 01:08PM (IST) stood at 01:08PM shares with turnover at Rs 0.52 crore.

At the current price, shares of the company trades at 86.74 times its trailing 12-month earnings per share of Rs 22.2 per share and 12.75 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in…

Source link