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Havells India Limited takes 45.58 acres land on lease at Sri City

Ryzen_renoir

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Havells India Limited has taken land admeasuring 45.58 acres on long term lease for 99 years, at Sri city, Chittoor District in the state of Andhra Pradesh at tentative investment of Rs. 39 crores. The land may be used for future capacity expansion.

 
 
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Recently Panasonic Life Solutions India, a subsidiary of Panasonic Corporation, has initiated work on a new electrical equipment material manufacturing facility at Sri City in Andhra Pradesh .The company plans to invest ₹600 crore over II phases on the new facility spread over 33 acres

 
 
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Shares of HAVELLS INDIA LTD. was last trading in BSE at Rs.1116 as compared to the previous close of Rs. 1122.9. The total number of shares traded during the day was 52789 in over 3280 trades.

The stock hit an intraday high of Rs. 1128.3 and intraday low of 1104.25. The net turnover during the day was Rs. 58768165.

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