NSE: HAVELLS Share Price Financial Analysis & Valuation

Havells India Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. HAVELLS is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Havells India Ltd. is good enough to Outperformed the market. HAVELLS gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Havells India Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Havells India Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of HAVELLS at Rs 1663.55, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:HAVELLS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HAVELLS underlying value and future prospects. All of this data is available in HAVELLS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HAVELLS, it is clearly understood that HAVELLS is Economical performer in terms of earnings and profit margins with an EPS of 20.32. NSE:HAVELLS book value per share as of today is 105.51. The current price to book ratio for HAVELLS as of May 04, 2024 is 15.77.

Valuation of the Stock: The current valuation of HAVELLS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HAVELLS whether to BUY this stock at current valuation. The delivery percentage of HAVELLS is 38.39% is very crucial parameter which shows that 38.39% investors are anticipating that the price of HAVELLS share should go up with VWAP at 1673.15.

Now, the main question is whether to BUY or SELL, NSE:HAVELLS at current valuation.
As per latest Analysis No. #1786:-

⇑ STRONG BUY HAVELLS if All Greens

⇗ BUY HAVELLS (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HAVELLS (With Stop Loss) if only 1 Green

⇘ SELL HAVELLS if NO Green Indicator

NSE: HAVELLS Share Price Today (May 04, 2024)

(Havells India Ltd. Daily Analysis on the basis of HAVELLS Intraday Graph & Trend)

Havells India Ltd. share price moved Down by -0.25% from its previous close of Rs 1667.65. HAVELLS stock last traded price is 1663.55. HAVELLS share price trend is Down with a total of 1770873 stocks traded till now. It has touched an intraday high of Rs 1699.75 and an intraday low of Rs 1648.55. The HAVELLS trading at 1663.55, Down by Rs. -4.10, or -0.25 percent which suggests that most of the Traders are anticipating that the price of HAVELLS share should go Down.

NSE: HAVELLS Share Price Tomorrow Prediction

(Havells India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HAVELLS)

Havells India Ltd. share price moved Down by -0.25%. HAVELLS share price short term trend is Down. It suggests that HAVELLS Share Price for Tomorrow remains the same with VWAP at 1673.15 will be treated as stop loss for intraday traders. Havells India Ltd. Long term investors can follow the HAVELLS long term trend as mentiond in future forecast table.

NSE:HAVELLS News & Other Useful Information about HAVELLS Share Price

Peer Comparison of NSE: HAVELLS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Electric Equipment