Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "At this point we can't say any of the stocks have bottomed out because that will happen only when the Nifty bottoms out. We have no way of saying it. Just to go on the theme, if you are looking for long-term investment ideas, Havells India which has come down from Rs 340 to Rs 250 is a long-term idea. This is a dip, it is as good a dip as any and it has come down on back of some news or the other; it is worth buying into."
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 33.45. 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 7.62. The dividend yield of the company was 1.15 percent.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
