Havells India Share Price: Havells India shares gain 0.22% as Sensex falls

Shares of Havells India Ltd. traded 0.22 per cent up at Rs 1942.55 at 12:57PM (IST) on Friday, even as BSE benchmark Sensex dropped 224.07 points to 81387.34.

The scrip had closed at Rs 1938.15 in the previous session. The stock quoted a 52-week high price of Rs 2104.95 and 52-week low of Rs 1233.1, respectively. As per BSE data, total traded volume on the counter till 12:57PM (IST) stood at 3646 shares with a turnover of Rs 0.71 crore.

At the prevailing price, shares of the company traded at 87.56 times its trailing 12-month EPS of Rs 22.2 per share and 12.75 times its price-to-book value, exchange data showed.

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

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