Havells India surges on the buzz of plan to enter into electronic personal care category

20 Jan 2017

Havells India is currently trading at Rs. 400.80, up by 14.60 points or 3.78% from its previous closing of Rs. 386.20 on the BSE.

The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 401.50 and Rs. 385.00 respectively. So far 133309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 459.80 on 06-Oct-2016 and a 52 week low of Rs. 259.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 401.50 and Rs. 365.00 respectively. The current market cap of the company is Rs. 24769.27 crore.

The promoters holding in the company stood at 61.61%, while institutions and non-institutions held 28.84% and 9.54% respectively.

In order to expand its consumer products business, Havells India is reportedly planning to enter into electronic personal care category and undertaking a feasibility study to enter into water purifiers. The company will roll out products like shavers, trimmers, epilators, hair straighteners and other beauty and personal grooming products.

Havells India is the country's leading FMEG manufacturer, producing a wide range of world class industrial and consumer electrical products. The Company works in step with the Make in India initiative and has an extensive production and distribution network across India and the world.

Related Havells India Ltd. Links:

Havells India Share Price

996.15 -11.90 (-1.18%) May 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
Siemens 1993.95
Havells India 996.15
Apar Inds 499.75
ABB India 1394.85
CG Power & Indl.Soln 85.55
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Sensex vs Havells India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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