Havells India rises on collaborating with Pixii AS
Havells India is currently trading at Rs. 1199.50, up by 8.00 points or 0.67% from its previous closing of Rs. 1191.50 on the BSE.
The scrip opened at Rs. 1205.00 and has touched a high and low of Rs. 1211.00 and Rs. 1177.00 respectively. So far 105333 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1622.70 on 17-Sep-2025 and a 52 week low of Rs. 1123.85 on 02-Jun-2026.
Last one week high and low of the scrip stood at Rs. 1234.20 and Rs. 1175.75 respectively. The current market cap of the company is Rs. 75159.92 crore.
The promoters holding in the company stood at 59.38%, while Institutions and Non-Institutions held 34.67% and 5.96% respectively.
Havells India has entered strategic collaboration with Pixii AS, a Norway-based energy storage technology company, to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market. The collaboration strengthens Havells position in India’s evolving energy transition landscape by bringing advanced, modular battery energy storage technology to customers across small scale, commercial and industrial segments.
By combining the company’s strong manufacturing base, extensive sales and distribution network, and deep understanding of the Indian market with Pixii’s globally proven energy storage technology, the collaboration aims to enable reliable, efficient and scalable solutions that support India’s clean energy transition.
As part of the strategic collaboration, the companies will work through a phased roadmap to establish a long-term Battery Energy Storage System ecosystem in India. These phases include understanding the market requirements through pilot installations for validation of commercial opportunities while also co-developing an all-in-one energy storage solution. Further, the collaboration will move towards local manufacturing of products in India and co-development of solutions tailored to Indian customers.
