SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Havells India starts commercial production of Cable in Karnataka facility

04 Sep 2024 Evaluate

Havells India has now started commercial production of Cable at Vasanthnarasapura Industrial Area, Tumakuru in the state of Karnataka on September 03, 2024. 

In order to cater to the potential demand for Cables, the Company has decided to further expand its Cable manufacturing capacity in the same facility at Tumakuru, from existing 3,48,000 Kms per annum to 4,62,600 Kms per annum, with an additional investment of around Rs 450 crore. This investment is primarily towards augmentation of its capacity for higher size Cables. The entire investment will be funded through internal accruals.

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.

Havells India Share Price

1305.85 14.80 (1.15%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1305.85
Siemens 3706.55
Apar Inds 11474.15
ABB India 7029.95
Waaree Energies 3471.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×