Rs 3/Share Dividend Gets Board’s Nod: Havells India Shares Fall 4.39% Intraday On BSE

Large cap company operating in Fast Moving Electrical Goods segment, Havells India Ltd on Tuesday declared an interim dividend of Rs 3/per equity share of Re 1 each i.e. 300%. The company fixed February 1, 2024 as the record date.

Havells India shares witnessed a decline of 4.39% intraday on BSE today and surged 9.40% in last 1-year. Check details below:

Havells India Declares Interim Dividend: As per the BSE filing of the company issued today, "The Board of Directors has also declared an Interim Dividend of Rs. 3.00 per Equity Share of Re. 1/- each i.e. @ 300% on the Equity Share Capital of the Company. The same shall be payable to all those Shareholders whose names appear in the Register of Members as on the Record Date i.e. 01.02.2024 (a separate intimation of the same has already been given to the Exchanges vide letter dated 16.01.2024)."

Havells India Shares Performance & Return Over Years: Last trading price of Havells India shares on BSE is Rs 1312.80 apiece. The 52-week high price of Havells India shares on BSE is Rs 1471.75 apiece and 52-week low price is Rs 1128.10 apiece, respectively. The large cap FMEG company has a market capitalisation of Rs 82,270.95 crore. Havells India shares declined 8.19% in last 1-week, fell 2.91% in last 1-month, offered return of 2.12% in last 3-months, soared 5.72% in last 2-years, and surged 16.99% in last 3-years. In last 5-years, Havells India stock rallied 88.69%.

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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