Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Havells deepens its Southern Connect

Posted On: 2019-06-26 17:57:39

Havells India Limited, leading Fast Moving Electrical Goods (FMEG) and Consumer Durables Company, today offered EURO-II range of technologically advanced MCBs and RCCBs with enhanced features and first time ever warranty of 'Six Years'.

The range has been completely designed and developed at its R&D center in Noida as per global specifications. EURO-II series of MCBs & RCCBs come with nickel plated terminals to give a high resistance from corrosion and are made of flameretardant material. It comes with all new features like improved bi-stable clip, line load reversibility coupled with dual certification for both, domestic and industrial applications. These MCBs & RCCBs are completely made of made of toxic-free material.

New age consumers are fast adopting new technology, embracing more and more gadgets thereby increasing load on electric sockets. However, the wiring or the load in the house remains the same as before. The new range of Havells MCB devices are designed keeping in mind user safety, threat of any current leakage, and shortcircuit overload. The extended warranty of additional five years would be valid when the MCB / RCCB devices are used along with advanced range of Havells Distribution Boards only, which comply with all safety standards.

Speaking at the occasion, Mr. Vivek Yadav, Sr. Vice President, Building Segment, Havells India Limited said, "Performance, high-quality and user-friendliness have been the hallmark of our products and new range is no different. Kerala is a market where the discerning customer is conscious about safety and would use technologically advanced product once convinced of its utility. We are confident that our new range of superior MCBs & RCCBs with extended warranty, will also be appreciated by our customers."

"We are leaders in the domestic switchgear segment in the country and the new range will further cement our leadership position in this segment and will provide the customer with a complete solution for its electrical needs. We will continue to comeup with innovative quality products and set new industry benchmarks." he added further.

The new range of MCBs & RCCBs are manufactured at the company's state-of-theart plant in Baddi, Himachal Pradesh. With a vision to achieve target of Rs 1,000 crore over next three years, the company has enhanced its manufacturing capacities to approx. 6 million poles per month.

Havells offers the most comprehensive range of RCCB, MCB, SPD & Distribution boards to cater to varied needs of circuit protection for New India. India's organized domestic switchgear market is estimated to be Rs 2200 crore rupees per annum. Havells continues to retain its No.1 position in the category with about 27% market share.

Shares of HAVELLS INDIA LTD. was last trading in BSE at Rs.788.25 as compared to the previous close of Rs. 783.85. The total number of shares traded during the day was 24345 in over 831 trades.

The stock hit an intraday high of Rs. 795.8 and intraday low of 779. The net turnover during the day was Rs. 19230449.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Rising Pharmaceuticals launches Pregabalin Capsules in US market

Shivam Autotech Ltd board to consider 1st quarter results on Aug 8, 2019

NCC Ltd board to approve Q1 results on Aug 9, 2019

United Technologies selects L&T Technology Services as a strategic partner for Collins Aerospace

Lupin's Nagpur facility wins ENR Global Best Project Award

InvaGen receives final approval for generic version of Pfizer's Lyrica®

BHEL expands bags order to erect Reactor side equipment of Kudankulam Unit 3&4

Amara Raja Batteries Ltd reports 2% growth in revenue during Q1 FY20

Jubilant Life Sciences Ltd board to approve 1st quarter results on July 26, 2019

Muthoot Capital Services Ltd calls for board meeting on July 29, 2019

ICRA revises ratings of Indo Count Industries Ltd

Reliance Industries Ltd approves merger of RHUSA with REGDL and merger of REGDL with itself

K P R Mill Limited board to consider Q1 results on July 29,2 019

IndiGo inaugurates Shillong as 54th domestic destination

Avanti Feeds Ltd Q1 consolidated PAT up at Rs. 101.45 crore

Shri Kumar Mangalam Birla appointed as Chairman of CENTURY Textiles and Industries Limited

ARSS Infrastructure Projects Ltd JV bags work order of Rs. 77.96 crore

HDFC Bank fixes Sep 20, 2019 as record date for stock split

HDFC Bank recommends special interim dividend of Rs. 5

AXIS Bank board approves fund raising of upto Rs. 18,000 crore

HDFC Bank Ltd Q1 FY20 consolidated net profit falls QoQ to Rs. 5676.06 crores

VXL Instruments Ltd calls for board meeting on July 29, 2019

Future Lifestyle Fashions Ltd Q1 PAT falls QoQ, YoY

Andhra Petrochemicals Ltd board to consider quarterly results on Aug 3, 2019

Vodafone Idea Ltd board to announce first quarter results on July 26, 2019

Jagran Prakashan Ltd board to approve Q1 results on July 31, 2019

CARE revises ratings of Godawari Power and Ispat Ltd

Dr. Reddy's Laboratories announces closure of the transaction to divest ZEMBRACE® SYMTOUCH® and TOSYMRA™ to Upsher-Smith Laboratories, LLC

Century Enka Ltd board approves appointment of Smt. Rajashree Birla as Chairperson

Garden Reach Shipbuilders & Engineers Ltd board to consider Q1 results on Aug 9, 2019

Amara Raja Batteries Ltd Q1 FY20 net profit at Rs. 140.91 crores

Cipla Ltd gets 7 observations from USFDA for API facility in Bengaluru

Kirloskar Pneumatic Co. Ltd. Q1 net profit at Rs. 3.46 crore

US FDA completes inspection at Strides' flagship facility in Bangalore

CG bags contract for 400 MW wind farm in Saudi Arabia

NCL Industries Ltd reports 4% growth in cement production in Q1 FY20

CRISIL reaffirms rating of Edelweiss Financial Services Ltd's short term borrowing

IndiGo reports PAT of INR 12,031 million and EBITDAR of INR 27,785 million in Q1 FY20

Brookfield to invest Rs. 25,215 crore in units of RIL's tower infrastructure trust

Bandhan Bank Ltd Q1 net profit rises to Rs. 701.14 crores

Mahindra CIE Automotive Ltd Q2 CY19 PAT drops to Rs. 126.22 crores

Bhageria Industries Ltd reports Q1 net profit of Rs. 17.01 crore

REC Limited launches US$ 650 Million 3.375% Notes

IOL Chemicals & Pharmaceuticals Ltd prepays term loan of Rs. 15.39 crore

McNally Bharat Engineering Company Ltd bags order from NLC India Ltd

RIL Q1 consolidated net profit at Rs. 10141 crores

L&T Technology Services Q1FY20 revenue rises on large deal wins

Dabur India Q1 Consolidated Net Profit surges 10.3%

Bhumika Group partners with Shoppers Stop Ltd. at Urban Square, Udaipur

HPL Electric partners with Haryana Steelers for Pro Kabaddi League Season 7







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019