Shares of Havells India Ltd. rose 4.06% to Rs 1124.3 in Friday's trade. It hit an intraday high of Rs 1163.15 and a low of Rs 1124.3, respectively, during the day.

The stock quoted a 52-week high price of RS 1237.8 and a low of Rs 447.2.

As of 02:08PM (IST), the counter saw a total traded volume of 342,790 shares with a traded value of Rs 39.1 crore, according to NSE.

The stock had closed at Rs 1171.85 in the previous session.

The scrip has advanced 1.46% in the past month till date, while benchmark BSE Sensex has gained 2.86% during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 77.28 while the price-to-book ratio stood at 6.96. A higher P/E ratio shows that investors are willing to pay a higher price per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in the business.