Havells India surges on reporting 75% rise in Q3 consolidated net profit

21 Jan 2021 Evaluate

Havells India is currently trading at Rs. 1080.20, up by 60.35 points or 5.92% from its previous closing of Rs. 1019.85 on the BSE.

The scrip opened at Rs. 1070.00 and has touched a high and low of Rs. 1085.85 and Rs. 1051.80 respectively. So far 106269 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1041.90 on 13-Jan-2021 and a 52 week low of Rs. 447.20 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 1031.90 and Rs. 969.25 respectively. The current market cap of the company is Rs. 63843.94 crore.

The promoters holding in the company stood at 59.50%, while Institutions and Non-Institutions held 32.95% and 7.56% respectively.

Havells India has reported results for third quarter ended December 31, 2020. The company has reported a rise of 75.03% in its net profit at Rs 349.13 crore for the quarter under review as compared to Rs 199.47 crore for the same quarter in the previous year. Total income of the company increased by 39.73% at Rs 3,205.02 crore for Q3FY21 as compared Rs 2,293.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 74.53 % in its net profit attributed to owners at Rs 350.14 crore for the quarter under review as compared to Rs 200.62 crore for the same quarter in the previous year. Total income of the company increased by 39.87% at Rs 3,214.24 crore for Q3FY21 as compared Rs 2,297.96 crore for the corresponding quarter previous year.

Havells India Share Price

1522.45 34.25 (2.30%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Siemens 5230.00
Havells India 1522.45
Apar Inds 6986.80
ABB India 6350.00
CG Power & Indl.Soln 539.95
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