Dividend 2024: Large Cap FMEG Stock To Consider On Jan 23, Shares Rise 8% In 1-Month

Large cap company operating in Fast Moving Electrical Goods segment, Havells India Ltd on Monday informed BSE about its upcoming meeting of Board of Directors to consider interim dividend and financial results.

Last trading price of Havells India share on BSE is Rs 1439.00 apiece with intraday gain of 0.51%. Havells India shares soared 4.61% in last 1-month and surged 12.32% in last 6-months. Check details below:

Havells India To Mull Dividend, Financial Results On Jan 23, 2024: As per the regulatory filing of the company dated Jan 15, "a meeting of Board of Directors of the Company is scheduled to be held on 23rd January, 2024, Tuesday, inter alia:

- to consider and approve the Standalone and Consolidated Un-Audited Financial Results of the Company for the third quarter and nine months ended 31st December, 2023.

- to consider payment of Interim Dividend to the shareholders of the Company."

Havells India Stock Performance & Return: The 52-week high price of Havells India share on BSE is Rs 1471.75 apiece and 52-week low price is Rs 1128.10 apiece, respectively. The company has a market capitalisation of Rs 90,179.69 crore. Havells India shares zoomed 23% in last 1-year, gained 6.99% in last 2-years, and rose 46% in last 3-years. In last 5-years, Havells India stock surged 110%. In last 10-years, Havells India shares zoomed 826%.

Havells India Financials: The company earlier last year for the quarter ended September 30, 2023 declared its net profit at Rs 249.1 crore, up 33.2% YoY as against the net profit of Rs 187 crore declared in the corresponding quarter of last, as per the regulatory filing. The company's total revenue announced at Rs 3,900.3 crore for the quarter under review, up 6% against Rs 3680 crore in the similar quarter of last year.

About Havells India: Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.

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