Havells India declines on reporting 16% fall in Q1 consolidated net profit

29 Jul 2019

Havells India is currently trading at Rs. 658.40, down by 40.05 points or 5.73% from its previous closing of Rs. 698.45 on the BSE.

The scrip opened at Rs. 666.00 and has touched a high and low of Rs. 681.00 and Rs. 647.00 respectively. So far 164256 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 806.90 on 28-Jun-2019 and a 52 week low of Rs. 549.70 on 19-Oct-2018.

Last one week high and low of the scrip stood at Rs. 725.95 and Rs. 647.00 respectively. The current market cap of the company is Rs. 40927.51 crore.

The promoters holding in the company stood at 59.52%, while Institutions and Non-Institutions held 31.73% and 8.75% respectively.

Havells India has reported a fall of 17.34% in its net profit at Rs 173.91 crore for the quarter ended June 30, 2019 as compared to Rs 210.40 crore for the same quarter in the previous year. However, total income of the company increased by 4.80% at Rs 2,751.67 crore for Q1FY20 as compared Rs 2,625.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 16.13% in its net profit at Rs 177.09 crore for the quarter under review as compared to Rs 211.16 crore for the same quarter in the previous year. However, total income of the company increased by 4.81% at Rs 2,756.50 crore for Q1FY20 as compared Rs 2,629.94 crore for the corresponding quarter previous year.

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Havells India Share Price

677.70 11.65 (1.75%) Sep 30, 18:01
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Company Name CMP
Siemens 1264.80
Havells India 677.70
ABB India 859.45
CG Power & Indl.Soln 24.00
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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