Havells India rises on launching most energy efficient fan ‘ES 40’

13 Apr 2015

Havells India is currently trading at Rs. 294.30, up by 1.85 points or 0.63% from its previous closing of Rs. 292.45 on the BSE.

The scrip opened at Rs. 293.00 and has touched a high and low of Rs. 297.00 and Rs. 290.05 respectively. So far 77935 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 346.15 on 10-Dec-2014 and a 52 week low of Rs. 180.23 on 06-May-2014.

Last one week high and low of the scrip stood at Rs. 310.20 and Rs. 284.15 respectively. The current market cap of the company is Rs. 18291.25 crore.

The promoters holding in the company stood at 61.64% while Institutions and Non-Institutions held 28.56% and 9.80% respectively.

Havells India has launched the country’s first most energy efficient fan - ES 40. A blend of energy conservation and elegant design, the latest addition in the company’s fan portfolio is the result of the company’s firm focus on innovation and strong R&D capabilities. The company has already applied for the patent for its design.

The key USP of ES 40 is the energy efficiency quotient as the fan consumes only 40 watts of electricity while the normal fan consumes between 75-80 watts of electricity. Earlier, Havells was the first company to introduce energy saving fans in India with its model ES 50 that consumes only 50 watts of electricity. ES 50 also won three consecutive national awards for energy saving from the government of India.

Havells India is a 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.

 

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Havells India Share Price

1107.20 -68.15 (-5.80%) Feb 26, 18:55
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SEBI Registered: Investment Adviser - INA000013323

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