MoneyWorks4Me

Havells India spurts on reporting 36% rise in Q1 net profit

25 Jul 2016 Evaluate

Havells India is currently trading at Rs 377.70, up by 1.25 points or 0.33% from its previous closing of Rs 376.45 on the BSE.

The scrip opened at Rs 386.00 and has touched a high and low of Rs 388.70 and Rs 373.30 respectively. So far 228757 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 388.70 on 25-Jul-2016 and a 52 week low of Rs 235.60 on 09-Nov-2015.

Last one week high and low of the scrip stood at Rs 388.70 and Rs 354.00 respectively. The current market cap of the company is Rs 23675.77 crore.

The promoters holding in the company stood at 61.61%, while Institutions and Non-Institutions held 30.15% and 8.23% respectively.

Havells India has reported 36.27% rise in its net profit at Rs 145.58 crore for the quarter ended June 30, 2016 as compared to Rs 106.83 crore for the same quarter in the previous year. The company’s total income increased by 17.98% to Rs 1497.49 crore for the quarter under review from Rs 1269.30 crore for the corresponding quarter of the previous year.

Havells India is engaged in manufacturing and marketing of electrical and power equipments. It offers industrial and domestic circuit protection switchgear, cables and wires, motors, fans, power capacitors, lamps, luminaries for domestic, commercial and industrial applications, modular switches and bath fittings

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
View more..