Mumbai, October 29 (Udaipur Kiran) — Shares of Havells India traded higher on Tuesday after the company announced plans to expand its washing machine production capacity at its Ghiloth facility in Rajasthan. The stock was trading at Rs 1,496.50, up Rs 15.95 or 1.08%, compared to its previous close of Rs 1,480.55 on the BSE.
During the trading session, the scrip opened at Rs 1,496.35 and touched an intraday high of Rs 1,497.00 and a low of Rs 1,485.50. A total of 822 shares were traded on the counter so far. The stock, which belongs to the BSE Group ‘A’, has a face value of Rs 1 and a market capitalization of Rs 93,608.67 crore.
Over the past 52 weeks, Havells India has recorded a high of Rs 1,782.75 (on December 13, 2024) and a low of Rs 1,360.05 (on April 7, 2025). In the last week, the scrip traded between Rs 1,512.50 and Rs 1,471.80.
The company’s promoter holding stands at 59.38%, while institutional investors and non-institutional investors hold 34.80% and 5.81%, respectively.
Havells plans to add an additional 1,50,000 units per annum of washing machine production capacity at its Ghiloth plant. The new capacity is expected to be operational by December 2026, with an investment of around Rs 60 crore, fully funded through internal accruals.
Currently, the company operates at a production capacity of 6,80,000 units per annum with a capacity utilization of 52%, based on production volume for the first half of FY 2025-26.
Havells India is one of the country’s leading Fast-Moving Electrical Goods (FMEG) manufacturers, with a strong presence across India. Its diverse product portfolio includes industrial and domestic switchgear, cables and wires, motors, fans, power capacitors, luminaires, and modular switches for commercial, industrial, and residential applications.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.