Havells India is currently trading at Rs. 641.10, up by 6.50 points or 1.02% from its previous closing of Rs. 634.60 on the BSE.
The scrip opened at Rs. 634.00 and has touched a high and low of Rs. 646.20 and Rs. 634.00 respectively. So far 16746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 817.00 on 18-Jul-2013 and a 52 week low of Rs. 556.80 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 646.20 and Rs. 613.00 respectively. The current market cap of the company is Rs. 8032.22 crore.
The promoters holding in the company stood at 61.64% while Institutions and Non-Institutions held 31.69% and 6.67% respectively.
Havells India has unveiled its monoblock pumps which will fulfill water related needs of domestic and commercial establishments in the country. The company is targeting to garner Rs 100 crore this year with sale of these pumps.
The pumps with 0.5 and 1 HP capacity were being initially launched in Lucknow and soon be launched in Delhi and other markets in north India. Uttar Pradesh has 12 per cent share in the total sales of the company.
The total market of pumps in the country was Rs 5,000 crore of which share of domestic pumps was Rs 2,500 crore. While, the share of monoblock pumps was Rs 1,000 crore.
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.
| Company Name | CMP |
|---|---|
| Havells India | 1305.85 |
| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
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