Havells India rises on aiming Rs 1,000 crore revenue from switchgears over next three years

27 Jun 2019

Havells India is currently trading at Rs. 789.60, up by 1.35 points or 0.17% from its previous closing of Rs. 788.25 on the BSE.

The scrip opened at Rs. 789.00 and has touched a high and low of Rs. 795.45 and Rs. 784.85 respectively. So far 5850 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 796.45 on 11-Jun-2019 and a 52 week low of Rs. 520.60 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 795.80 and Rs. 768.00 respectively. The current market cap of the company is Rs. 49400.88 crore.

The promoters holding in the company stood at 59.55%, while Institutions and Non-Institutions held 31.74% and 8.71% respectively.

Havells India is eyeing at Rs 1,000 crore revenue from building circuit protection devices over the next three years, with the launch of its new series of technologically advanced miniature circuit breakers (MCBs) and residual current circuit breakers (RCCBs). The company is the leader in the domestic switchgear segment in the country and the new range will further cement its leadership position.

Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables&  Wires,  Motors,  Fans,  Power  Capacitors,  Luminaires  for  Domestic,  Commercial  & Industrial applications, Modular Switches etc.

Related Havells India Ltd. Links:

Havells India Share Price

1017.55 12.60 (1.25%) Apr 23, 10:45
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Siemens 1803.65
Havells India 1017.55
Apar Inds 462.80
ABB India 1387.90
CG Power & Indl.Soln 68.40
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323