Havells India slumps 4.7% post Q2 numbers

India Infoline News Service | Mumbai | October 19, 2016 16:46 IST

Total Income has increased from Rs 1,443 crore for the quarter ended September 30, 2015 to Rs 1,585 crore for the quarter ended September 30, 2016.

Havells India Ltd ended at Rs 411, down by Rs 20.15 or 4.67% from its previous closing of Rs 431.15 on the BSE. The company reported a 22% rise in standalone net profit at Rs 146 crore for the quarter ended September 30, on improved margins across all product categories.

Total Income has increased from Rs 1,443 crore for the quarter ended September 30, 2015 to Rs 1,585 crore for the quarter ended September 30, 2016.

The scrip opened at Rs 431 and has touched a high and low of Rs 434 and Rs 421.2 respectively. So far 5656860 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 26940.64 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 459.8 on 06-Oct-2016 and a 52 week low of Rs 235.6 on 09-Nov-2015. Last one week high and low of the scrip stood at Rs 451.7 and Rs 422.05 respectively.

The promoters holding in the company stood at 61.61 % while Institutions and Non-Institutions held 29.59 % and 8.79 % respectively.

The stock is currently trading above its 50 DMA.

***Note: This is a NSE Chart

 

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