Havells India gains on plan to capitalise on government’s smart city projects

16 Apr 2015

Havells India is currently trading at Rs. 291.70, up by 1.75 points or 0.60% from its previous closing of Rs. 289.95 on the BSE.

The scrip opened at Rs. 295.00 and has touched a high and low of Rs. 295.00 and Rs. 287.40 respectively. So far 24111 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. 297.00 and Rs. 284.15 respectively. The current market cap of the company is Rs. 18200.70 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, a $1.4 billion leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer, is planning to capitalise on government’s smart city projects by developing new technology-driven lighting products and home appliances. The company is looking at connecting its products through technology.

Further, the company was working on partnerships to procure software and network support from global firms for smart city projects.

Havells India is a leading FMEG Company with a strong global footprint. It 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

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