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Havells India surges on plan to expand its footprint in Telangana and AP

26 Sep 2014 Evaluate

Havells India is currently trading at Rs. 255.35, up by 5.00 points or 2.00% from its previous closing of Rs. 250.35 on the BSE.

The scrip opened at Rs. 248.50 and has touched a high and low of Rs. 257.30 and Rs. 243.25 respectively. So far 90914 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 299.70 on 28-Aug-2014 and a 52 week low of Rs. 123.02 on 26-Sep-2013.

Last one week high and low of the scrip stood at Rs. 275.55 and Rs. 247.15 respectively. The current market cap of the company is Rs. 15730.85 crore.

The promoters holding in the company stood at 61.68% while Institutions and Non-Institutions held 30.51% and 7.81% respectively.

Havells India is planning to expand its footprint in newly formed States of Telangana and Andhra Pradesh (AP) targeting business of Rs 500 crore in three years. As part of its expansion plans to capture the growing demand for electrical goods in Andhra Pradesh, the company inaugurated its new office in Vijayawada.

The company plans to take its dealer network in Andhra Pradesh to about 300, up from 200. Apart from widening its dealer network, the company is planning to open 10 more Havells Galaxy showrooms in the State. At present, there are more than 240 Havells Galaxy stores across India including three in Andhra Pradesh.

Havells India is a $1.3 Billion leading Fast Moving Electrical Goods (FMEG) Company with a strong global footprint. Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Pumps, Fans, Modular Switches, Home Appliances, Electric Water Heaters, Power Capacitors, CFL Lamps etc.

 

Havells India Share Price

1305.85 14.80 (1.15%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1305.85
Siemens 3706.55
Apar Inds 11474.15
ABB India 7029.95
Waaree Energies 3471.45
View more..

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