Havells India surges 12% post sub-division of equity shares

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26 Aug, 2025 12:21

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Moneycontrol Bureau

The scrip of Havells India is quoting ex-split on Tuesday. It rallied more than 12 percent intraday to touch a 52-week high of Rs 279.50 on the National Stock Exchange after the sub-division of existing equity shares from every one share of Rs 5 each into five shares of Re 1 each.

The electrical equipments manufacturer has fixed August 27, 2014 as the record date for the sub-division of shares. The board of directors of the company had announced split in shares on June 30, 2014.

At 12:46 hours IST, the stock was quoting at Rs 273.30, up Rs 24.52, or 9.86 percent amid huge volumes. It was trading with volumes of 2,546,984 shares, compared to its five day average of 153,847 shares, an increase of 1,555.53 percent.

Posted by Sunil Shankar Matkar