As of September 12, 2024, the Havells share price is ₹1,916.00, reflecting a 0.78% increase from its previous close of ₹1,901.30. Over the past six months, the Havells share price has appreciated by approximately 26.86%. The three-year return on the Havells share price is 32.92%, although this is lower compared to the Nifty 100’s return of 49.32%. With a market capitalization of ₹1,18,048 crore, a P/E ratio of 84.83, and an EPS of ₹22.20, the Havells share price highlights the company’s strong performance in the electrical equipment sector. The stock’s 52-week high is ₹1,985.40 and its 52-week low is ₹1,232.85, underscoring its solid market presence and growth potential.
Latest Updates on Havells Share Price
What is Havells India Ltd.?
Havells India Ltd. is a leading manufacturer of electrical appliances, including switchgears, cables, and consumer durables. The diverse product portfolio of Havells contributes significantly to the stability and growth of its share price.
When Was the Latest Havells Share Price Update?
The most recent update on the Havells share price was recorded on September 12, 2024.
Where is the Havells Share Traded?
The Havells share price is available on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Who Manages Havells?
The company is managed by Shri Anil Gupta, the Managing Director, who plays a crucial role in influencing the Havells share price.
Why Has the Havells Share Price Increased?
The increase in the Havells share price reflects the company’s robust financial performance and market presence. Despite intense competition, the company’s strategic market approaches have positively impacted the share price.
How Does Havells Achieve This?
Havells’ effective earnings management and strategic market positioning contribute to the growth of the Havells share price, aligning well with broader market trends.
Key Metrics of Havells Share Price
| Metric | Value |
|---|---|
| Market Capitalization | ₹1,18,048 crore |
| P/E Ratio | 84.83 |
| EPS (Earnings Per Share) | ₹22.20 |
| Dividend Yield | 0.48% |
| 52-Week High | ₹1,985.40 |
| 52-Week Low | ₹1,232.85 |
Performance Insights on Havells Share Price
Stock Performance
The Havells share price has shown steady growth, with only 2.28% of trading sessions in the past 19 years experiencing declines greater than 5%. This demonstrates resilience and a strong position in the market.
Comparison with Peers
The Havells share price has a three-year return of 32.92%, which is significantly lower than the BSE Capital Goods sector’s return of 184.9%. This comparison suggests potential for further growth in the Havells share price.
Financial Health of Havells Share Price
Debt Management
Havells maintains a low debt-to-equity ratio, reflecting a solid financial structure and positively impacting the Havells share price by minimizing reliance on debt.
Return Metrics
The company’s return on equity (ROE) of approximately 18% highlights its effectiveness in generating returns from shareholder investments, influencing the Havells share price positively.
Conclusion
For investors, the Havells share price indicates the company’s strong market position and financial stability. Although there is room for growth, keeping up with market trends and company updates is essential for making informed decisions about the Havells share price.
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