Manoj Murlidharan of Religare Securities told CNBC-TV18, "Havells is a trading bet, you can buy it. The stock is at Rs 260, buying can be done, the stoploss is Rs 254 and we are looking for a target of Rs 276 in it."
At 11:00 hrs Havells India was quoting at Rs 264.90, up Rs 5, or 1.92 percent. It has touched an intraday high of Rs 270.45 and an intraday low of Rs 262.20.
The company's trailing 12-month (TTM) EPS was at Rs 7.77 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 34.09. The latest book value of the company is Rs 34.11 per share. At current value, the price-to-book value of the company was 7.77. The dividend yield of the company was 1.13 percent.
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