Friday, 20 January 2017

Havells rises over 4% on business expansion plan

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Shares of Havells India rallied over 4 per cent on the Bombay Stock Exchange after the company unveiled plan to enter into electronic personal care segment next month. Boosted by the development, shares of company gained as much as 4.60 per cent to hit intra-day high of Rs 404.00 apiece on Bombay Stock Exchange. 

In a similar fashion, stocks of firm climbed 4.17 per cent to Rs 403.90 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 27,209.53, down 99.07 points, or 0.36 per cent.

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