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Havells gains on launching first complete square pedestal fan ‘Aindrila’

06 Sep 2019 Evaluate

Havells India is currently trading at Rs. 658.50, up by 6.50 points or 1.00% from its previous closing of Rs. 652.00 on the BSE.

The scrip opened at Rs. 653.50 and has touched a high and low of Rs. 661.05 and Rs. 653.50 respectively. So far 5572 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 806.90 on 28-Jun-2019 and a 52 week low of Rs. 549.70 on 19-Oct-2018.

Last one week high and low of the scrip stood at Rs. 680.25 and Rs. 627.40 respectively. The current market cap of the company is Rs. 40802.34 crore.

The promoters holding in the company stood at 59.52%, while Institutions and Non-Institutions held 31.73% and 8.75% respectively.

Havells India has launched India’s first complete square?shaped pedestal fan? ‘Aindrila’. The new fan comes with many industry firsts? namely its unique square design, hand crafted guard, mood lighting and is three times sturdier than any other pedestal fan.

The Aindrila range of fans also provides protection from thermal overload and high voltage thus ensuring safety of its users. For extra convenience, the fan comes with unique fuse that is handy and can be changed by users themselves if needed. Powered  by  technological  features  such  as  auto?off  timer  function,  remote  control operation, the launch of ‘Aindrila’ underlines company’s commitment to cater to the evolving needs of the Indian consumer and growth focus in Maharashtra.

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.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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