Havells India is currently trading at Rs. 653.00, up by 3.20 points or 0.49% from its previous closing of Rs. 649.80 on the BSE.
The scrip opened at Rs. 660.00 and has touched a high and low of Rs. 660.00 and Rs. 651.00 respectively. So far 14611 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 660.00 on 04-Oct-2012 and a 52 week low of Rs. 335.00 on 05-Oct-2011.
Last one week high and low of the scrip stood at Rs. 660.00 and Rs. 591.85 respectively. The current market cap of the company is Rs. 8149.67 crore.
The promoters holding in the company stood at 61.56% while Institutions and Non-Institutions held 20.94% and 17.50% respectively.
Havells India has inaugurated its sixth ‘Havells Galaxy’ showroom in the Chennai city, which is also the twenty first showroom in the state of Tamil Nadu. The company has 169 such showroom across the country, including major towns and cities and intends to take this number beyond 200 by end of this financial year.
Havells Galaxy is spread across 1,000 square feet and offers end-to-end solution in electrical goods. It offers industrial switchgears, cables, fans, CFLs, lighting fixtures and water heaters. The concept of Havells Galaxy, a one-stop shop, is dynamic and is differently positioned from retail format existing in the country.
Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.
