Havells India gains on commencing commercial production at Assam plant

21 Mar 2017

Havells India is currently trading at Rs. 448.40, up by 2.20 points or 0.49% from its previous closing of Rs. 446.20 on the BSE.

The scrip opened at Rs. 446.00 and has touched a high and low of Rs. 451.90 and Rs. 444.50 respectively. So far 50776 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. 292.05 on 21-Mar-2016.

Last one week high and low of the scrip stood at Rs. 451.90 and Rs. 421.70 respectively. The current market cap of the company is Rs. 28090.37 crore.

The promoters holding in the company stood at 61.61%, while institutions and non-institutions held 28.84% and 9.55% respectively.

Havells India has commenced the commercial production in its plant situated at Mouza - Modartola, Kamrup(Rural) district in Assam with effect from March 20, 2017.

The company has recently 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

1000.95 -5.60 (-0.56%) May 07, 18:03
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Company Name CMP
Siemens 1858.05
Havells India 1000.95
Apar Inds 493.70
ABB India 1371.35
CG Power & Indl.Soln 88.55
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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