Havells India is currently trading at Rs. 257.55, up by 0.40 points or 0.16% from its previous closing of Rs. 257.15 on the BSE.
The scrip opened at Rs. 255.70 and has touched a high and low of Rs. 258.45 and Rs. 255.65 respectively. So far 12192 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. 239.50 on 29-Sep-2015.
Last one week high and low of the scrip stood at Rs. 262.50 and Rs. 255.45 respectively. The current market cap of the company is Rs. 16073.77 crore.
The promoters holding in the company stood at 61.63% while Institutions and Non-Institutions held 26.77% and 11.59% respectively.
In a bid to further strengthen its presence in the four states of North India viz Chandigarh, Punjab, J&K and Himachal Pardesh, Havells India has launched its innovative switchgear products like distribution boards, ACCL and Circuit Breakers (MCB/RCCB). The company already is a market leader in domestic switchgear business in the country with over 28% market share.
Havells for the first time in the country introduced new range of premium, super premium and concept of personalized distribution boards that are fast becoming part of one's living room. The new range of super-premium distribution boards offers unique metallic finish and colours like metallic silverish grey, golden sparkle and sparkling white. The range would also offer variants in marble, leather and wooden finish for modern homes. It comes with magnetic locks, sleek curves, scratch resistant glossy surface and designer handles.
The new range will be priced between Rs 1300 to Rs 10,000. These distribution boards are an answer to customers who were forced to hide these boxes as they did not gel with modern interiors of their living room. The new range of distribution boards not only matches with modern day decor and aesthetics but also offer a unique choice to consumers to buy door of distribution box separately.
Havells India is a leading Fast Moving Electrical Goods (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.
