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CARE assigns rating to CG practices of Havells India

13 Oct 2016 Evaluate

Credit rating agency, CARE has assigned ‘CGR 2+’ ratings to the Havells India’s Corporate Governance practices.

Havells India is engaged in manufacturing and marketing of electrical and power equipments. The company had reported 36.27% rise in its net profit at Rs 145.58 crore for the first quarter ended June 30, 2016 as compared to Rs 106.83 crore for the same quarter in the previous year.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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