Powered by: Motilal Oswal
18-10-2024 12:26 PM | Source: Accord Fintech
Havells India gains as its consolidated net profit rises 7.50% in Q2FY25

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Havells India is currently trading at Rs. 1846.25, up by 19.90 points or 1.09% from its previous closing of Rs. 1826.35 on the BSE.

The scrip opened at Rs. 1806.00 and has touched a high and low of Rs. 1848.00 and Rs. 1762.90 respectively. So far 46136 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2104.95 on 23-Sep-2024 and a 52 week low of Rs. 1233.10 on 01-Nov-2023.

Last one week high and low of the scrip stood at Rs. 1966.25 and Rs. 1762.90 respectively. The current market cap of the company is Rs. 114840.05 crore.

The promoters holding in the company stood at 59.41%, while Institutions and Non-Institutions held 35.00% and 5.59% respectively.

Havells India has reported 9.43% rise in its net profit at Rs 272.59 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 249.10 crore for the same quarter in the previous year. Total income of the company increased by 17.30% at Rs 4,625.75 crore for Q2FY25 as compared to Rs 3,943.63 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.50% rise in net profit at Rs 267.77 crore for Q2FY25 as compared to Rs 249.08 crore for the same quarter in the previous year. Total income of the company increased by 17.19% at Rs 4,632.20 crore for Q2FY25 as compared to Rs 3,952.81 crore for the corresponding quarter previous year.