21 Oct This Leading Electrical Goods Company Stock zoomed whooping 4,10,127.27% in 29 years
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It enjoys remarkable market dominance in a wide range of products including industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors, luminaires for household, commercial and industrial applications.
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. The company was founded by Haveli Ram Gandhi, later it was sold to Qimat Rai Gupta, the distributor of Havells. Mr. Anil Rai Gupta is the chairman and MD of Havells India. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptec. The company has 23 branch offices with 6,000+ workers in over 50 countries. The company has 11 manufacturing plants in India.
Website: https://havells.com/
As per screener, Havells is a key player in electric sector. The market capitalization of Havells India Ltd. is Rs. 1, 13,561 Crore. It is a large cap stock. ROCE and ROE are 24.4 and 18.0 respectively. The company is virtually debt free. The company has been maintaining 42.5% good dividend for its shareholders. The sales of the company has been increasing YOY. The profit has been also surging. Promoter holding is 59.41% and FIIS holding is 24.76% DIIs has also good holding in Havells India Ltd. The price of one share of Havells India Ltd. is Rs. 1811.
Note: The data is taken on 21.10.2024.
Havells India Ltd. is an amazing stock with strong fundamentals. The stock has surged whooping 4,10,127.27% in 29 years.
Let’s take an example how the investment was grown during 29 years. If someone has 1000 shares of Havells India. Suppose he bought the shares in 1995. The price of one share of Havells India was Rs. 0.44 per share in BSE.
1000 shares : 0.44*1000= Rs. 440/-
Havells had given 3 bonuses (all 1:1) and 2 splits (5 1 and 10 5) during 29 years.
Total number of shares is: 80,000
Now price of share of Havells India Ltd. is : Rs. 1811
Total value of investment is : 14,48,80,000
OMG….14 crore …
Dividend is not added yet….
Dividend income is also solid if you have 80k stocks. In 2024, Havells India Ltd. has given 2 dividends yet. Total 9/-
If you have 80000 shares, dividend payout will be Rs.7, 20,000
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As the population of the world is growing, construction work is increasing. The demand of electrical equipment is also growing. Havells India Ltd. is a brand with quality. So, in future we can expect stunning returns in it too.
Disclaimer: You may consider buying these stocks; but please advising your financial advisor before thinking to buy. The article is based on our personal views and information from trusted sources. We are not registered with SEBI.
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