Havells India shares rose on July 6th: Stock Market Update

Havells India shares rose on July 6th: Stock Market Update

Havells India shares rose on July 6th: Stock Market Update

New Delhi: To begin with, the shares of Havells India Limited increased in the trading session today. The share price of the company rose by 1.39% at Rs. 587.85 in the trade. Besides, the total traded volume on the counter turned over around Rs.1.66 crores.

Certainly, the stock reached the 52-week high of Rs. 795.00. As well as it reached the 52-week low of Rs. 447.20 per equity share. Earlier, the stock closed at Rs. 579.80 in the previous session.

Significantly, the shares of the firm stood at 49.97 times its trailing 12-month EPS of Rs. 11.75 per eq. share. Hence, its price-to-book ratio stood at 8.53.

Also, as of March 2020, the promoters of the company held 59.52% of its stake. Likewise, the FIIs held a 23.04% stake and DIIs held a 3.18% stake.

July 6th Stock Market Details: 

On July 6th, both the Sensex and the Nifty had traded with a bullish trend in the stock market. The Sensex traded with a profit of 385.67 points and reached 36,400.86 levels with a 1.05% gain. On the other side, the Nifty traded high with 130.70 points at 10,736.25 level with a 1.21% gain. 

Besides, as of July 6th, the number of confirmed COVID-19 cases across India has reached 6,97,413. Also, the number of deaths in the country has reached 19,693. 

In the border market, the S&P BSE Midcap index gained 108.19 points with a 0.81% rise and reached a 13,395.11 level. Also, the S&P BSE Smallcap index gained 118.37 points with a 0.92% rise and reached a 12,718.39 level. At the same time, the Nifty Bank gained 384.40 points with a 1.57% rise and reached 22,201.20 level.

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