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Havells India zooms on foraying into water heater segment

  • Dec-07-2017
  • 15 Hrs IST

Havells India is currently trading at Rs. 527.00, up by 16.70 points or 3.27% from its previous closing of Rs. 510.30 on the BSE.

The scrip opened at Rs. 515.00 and has touched a high and low of Rs. 528.00 and Rs. 510.85 respectively. So far 77332 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 564.30 on 23-Oct-2017 and a 52 week low of Rs. 310.50 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 528.00 and Rs. 502.95 respectively. The current market cap of the company is Rs. 32920.32 crore.

The promoters holding in the company stood at 61.58%, while Institutions and Non-Institutions held 29.12% and 9.30% respectively.

Havells India’s well‐known brand -- Standard -- has forayed into water heater segment with the launch of technologically advanced and aesthetically designed range of Water Heaters. The company has launched five variants in electric water heater ‘Zoe & Zoe Prime’, ‘Ameo’, ‘Amazer’ and ‘Lyft’ with a capacity ranging from 1 ltr to 25 ltr.

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.