HAVELLS INDIA LTD SHARE PRICE [LIVE]

About HAVELLS

Today's live share price for HAVELLS INDIA LTD is NSE: ₹ 1,202.35, BSE: ₹ 1,200.50 with a current market capitalization of .

Havells India Ltd is an electrical consumer production and power distribution equipment manufacturer. The company`s products and services include industrial and domestic circuit protection devices, cables and wires, motors, fans, power capacitors, compact fluorescent lamps, luminaries for domestic, commercial and industrial applications, modular switches covering the entire gamut of household, and commercial and industrial electrical needs. The company operates in four segments: switchgears, cable, lighting and fixtures and electrical consumer durables. Their brands include Crabtree, Sylvania, Concord, Luminance and Linolite. The company`s manufacturing plants are located in Haridwar, Baddi, Noida, Sahibabad, Alwar, Neemrana and Faridabad. They also have manufacturing plants in Europe, Latin America and Africa. Havells India Ltd was incorporated as Havell`s Pvt Ltd in August 1983 and converted into a public limited company in March 1992. The company started their operations by producing miniature circuit-breakers and distribution boards in the year 1984. Then, they entered into a technical collaboration with Christian Geyer, Germany, to manufacture miniature circuit-breakers in India. In the year 1991-92, the company made additions to their facilities to manufacture plastic distribution boards (PDBs) and earth-leakage circuit-breakers (ELCBs). In order to manufacture ELCBs, the company entered into technical collaboration with Schiele Industriwerke, Germany. In the year 1996, the company entered into the manufacture of low tension power cables by acquiring an existing cable manufacturing plant in Alwar, Rajasthan, which belongs to a sick unit from Rajasthan State Industrial Development & Investment Corporation. In the year 2000, the company acquired Standard Electricals Ltd and Duke Arnics Electronics Ltd. The company sold their entire shareholding of A J Shehfar & Co Ltd in the year 2003. The company also sold their entire shareholding in Standard Electricals Ltd during the year 2003-04. In the same year, the company moved in to electrical consumer goods segment and set up a state-of-the-art automatic plant for manufacturing Compact Fluorescent Lamps at Faridabad in Haryana. During the year 2004-05, the company incorporated Havell`s (UK) Ltd in London. The company enhanced its installed capacity of Domestic Switchgears, Industrial Switchgears and Electrical Consumer Durables by 12,650,000 Nos, 222,000 Nos and 2,000,000 Nos respectively. With this expansion the total installed capacity of these products increased to 27,300,000 Nos, 1,335,000 Nos and 13,200,000 Nos respectively. Also, they introduced a complete range of indoor and outdoor lighting fixtures under the brand name Havells in the market. In the year 2005-06, the company installed CCV Lines for making high voltage cables. Also they installed a state-of-the-art automatic plant for manufacturing Compact Fluroescent Lamps (CFL) at Haridwar in Uttarakhand and started their production from January 2006. Also, they installed a new plant to produce Fans and started production in October 2005. In the same year, Crabtree India Ltd was amalgamated with the company. In the year 2006-07, the company set up a new plant in Noida for Power Capacitors. This plant an installed capacity of 600000 KVAR per month and they commenced their production on February 2007. These are designed and manufactured using S3 technology. Also they increased the production capacity of Domestic Switchgear by 6,000,000 to 39,600,000 Nos., Industrial Switchgear by 800,000 to 2,600,000 Nos., Electrical wire Accessories by 14,000,000 to 20,000,000 Nos, Cables & Wires by 230,000 to 700,000 Nos, and Electrical Consumer Durables by 10,000,000 to 32,400,000 Nos. In the year 2007, the company incorporated a wholly owned subsidiary with the name Havell`s Holdings Limited in Isle of Man. Also, the company acquired SLI Lighting Products, Inc., SLI Europe BV and Lighthouse Investment Holdings Ltd on April 2007. The company changed their name to Havells India Ltd (Apostrophe is removed from the word Havell`s) with effect from July 28, 2007. In April 20, 2007, Havell`s Netherlands B.V., a step subsidiary of the company completed the acquisition of "Sylvania". In the year 2008, the company set up a fully automatic plant for Havells Lafert Motors at Neemrana. They set up Global Corporate office, QRG Towers at Expressway Noida. Also, they made investment of Rs 50 crore in Global Center for Research and Innovation (CRI). In the year 2009, the company set up a fully automatic second unit for switchgear manufacturing at Baddi. They made Global consolidation of CFL manufacturing plant at Neemrana for domestic and export purposes. They launched India`s first HPF CFL and first BEE 5-star Rated Fan. In the year 2010, the set up second unit for Fan manufacturing at Haridwar. They acquired 100% interest in Standard Electricals. They set up World`s First New Generation CMH Lamp Plant at Neemrana. They entered into Electric Water Heaters business. Also, they launched Havells brand in US & Mexico. During the year 2009-10, the company acquired Seven Wonders Holidays Pvt Ltd to facilitate the transfer of electrical business of Standard Electricals Ltd. As per the scheme of arrangement,the electrical business of erstwhile Standard Electricals Ltd (SEL), a company under the same management, was de-merged and transferred to Seven Wonders Holidays Ltd, a 100% subsidiary of the company. Also, the name of Seven Wonders Holidays Ltd was changed to Standard Electricals Ltd. In the year 2011, the company launched a new range of Control Gear Cosmic Star series. They set up a new Industrial Switchgear Plant in Sahibabad. They launched domestic appliances. They entered into a joint venture agreement with Shanghai Yaming Lighting, China. During the year 2010-11, the company ventured into "Home Comfort Products" with their foray into a new generation, Electric Water Heater business. They set up a state-of-the-art plant in collaboration with Havells Sylvania, Belgium for production of Ceramic Metal Halide lamps. In September 2011, as per the scheme of amalgamation, Standard Electrical Ltd, a 100% subsidiary of the company was amalgamated with the company with effect from appointed date, April 1, 2011. In 2015, Havells India Ltd has launched the country`s first most energy efficient fan - ES 40. The company has launched India``s first brightest LED lamps range ""LUMENO" at its lighting fixtures plant in Neemrana, Rajasthan. The company also adds first `Made in India` MCB to its portfolio. The company, has got hold of a 51 per cent stake in Promptec Renewable Energy Solutions at an enterprise value of a whopping Rs. 65 crore. The company has launched a world class range of MCBs and RCCBs under EURO-II series in Odisha market. During the year, the company also launched world class products in Switchgear segment in the Eastern Region and also inaugurated a new office in Haldwani, Uttarakhand.