Havells India surges on plan of raising Rs 150 crore through commercial papers

20 Mar 2017

Havells India is currently trading at Rs. 444.60, up by 3.55 points or 0.80% from its previous closing of Rs. 441.05 on the BSE.

The scrip opened at Rs. 445.30 and has touched a high and low of Rs. 447.85 and Rs. 443.30 respectively.

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. 287.00 on 18-Mar-2016.

Last one week high and low of the scrip stood at Rs. 447.85 and Rs. 421.70 respectively. The current market cap of the company is Rs. 27,781.07 crore.

The promoters holding in the company stood at 61.61%, while public and others held 38.39% and 0.01% stake in the company, respectively.

Havells India has approved the issue of Commercial Paper to Yes Bank for an amount of Rs 150 crore. The tenor of the issue is 88 days, with date of allotment on March 20, 2017, while date of maturity is June 16, 2017.

Havells India is the country's leading Fast Moving Electrical Goods (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.

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Havells India Share Price

1116.95 -54.90 (-4.68%) Mar 05, 16:49
1 Year Price Chart
Peers
Company Name CMP
Siemens 1899.75
Havells India 1116.95
ABB India 1501.20
Apar Inds 447.90
CG Power & Indl.Soln 62.20
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Sensex vs Havells India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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