Havells India trades higher on the BSE
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Havells India is currently trading at Rs. 1650.00, up by 32.30 points or 2.00% from its previous closing of Rs. 1617.70 on the BSE.
The scrip opened at Rs. 1633.95 and has touched a high and low of Rs. 1664.10 and Rs. 1619.25 respectively. So far 8723 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2104.95 on 23-Sep-2024 and a 52 week low of Rs. 1273.40 on 20-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1664.10 and Rs. 1585.05 respectively. The current market cap of the company is Rs. 103827.82 crore.
The promoters holding in the company stood at 59.41%, while Institutions and Non-Institutions held 35.00% and 5.59% respectively.
Havells India is all set to set-up the facility for manufacturing Refrigerators in Ghiloth, Rajasthan, to reap the benefits of backward integration and economies of scale. The Investment required for proposed manufacturing facility is around Rs 480 crore. The company has proposed capacity of new manufacturing facility at 14 lakh units and it is to be added by Q2FY27.
Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.
