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Havells India declines despite reporting 17% rise in Q2 net profit

24 Oct 2017 Evaluate

Havells India is currently trading at Rs. 503.95, down by 37.70 points or 6.96% from its previous closing of Rs. 541.65 on the BSE.

The scrip opened at Rs. 539.00 and has touched a high and low of Rs. 539.00 and Rs. 500.55 respectively. So far 254951 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 564.30 on 23-Oct-2017 and a 52 week low of Rs. 303.60 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 564.30 and Rs. 500.55 respectively. The current market cap of the company is Rs. 31504.36 crore.

The promoters holding in the company stood at 61.58%, while Institutions and Non-Institutions held 29.12% and 9.30% respectively.

The company has reported a rise of 17.31% in its net profit at Rs 171.02 crore for second quarter ended September 30, 2017 as compared to net profit of Rs 145.79 crore for the same quarter in the previous year. Total income of the company increased by 13.47% at Rs 1806.05 crore for Q2FY18 as compared Rs 1591.63 crore for the corresponding quarter previous year.

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.


Havells India Share Price

1328.20 27.90 (2.15%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1328.20
Siemens 3718.90
Apar Inds 11713.20
ABB India 7254.80
Waaree Energies 3474.00
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