OICHARTS
8 AMThe 8 AM report →
ManufacturingMedium impactPre-market

Havells India boosts Tumakuru expansion with ₹255 cr capex

pre-market1 source ↓written by the desknot a recommendation

investment
₹255 crore
expansion cost
₹540 crore
by December 2027
7,34,640 Kms
currently
4,59,600 Kms

Havells India has approved an additional ₹255 crore investment for its Tumakuru cable plant, increasing the total expansion cost to ₹540 crore. This debt-free project aims to enhance annual capacity to 7,34,640 Kms by December 2027, up from 4,59,600 Kms currently. This expansion reflects Havells' commitment to meeting growing demand in the cable manufacturing sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Jul 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HAVELLS closed +1.4% on the day of the news, from ₹1,170.60 to ₹1,187.30; Nifty +1.1% over the same session; futures OI 0.0%.

Bulletin at 07:06 IST on 17 Jul 2026. Every change is measured from ₹1,170.60, the last close before it, on 16 Jul. Nifty 50 is measured over the same sessions.

  • HAVELLS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HAVELLS closes around the bulletin against the close before the news, with Nifty 50 rebased to it105411711288axis spans 22%before the news · 16 Jul1171Nifty 50HAVELLSbulletinD0+1+3+510 Jul22 Jul31 JulFutures open interest, lotspeak 23,000Reference close ₹1,170.60. 16 sessions from 10 Jul to 31 Jul; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Jul₹1,170.60basebase
On the day17 Jul₹1,187.30▲ +1.4%▲ +1.1%+0.3 pp difference
+1 session20 Jul₹1,200.30▲ +2.5%▲ +0.7%+1.9 pp difference
+3 sessions22 Jul₹1,207.10▲ +3.1%▼ −0.3%+3.4 pp difference
+5 sessions24 Jul₹1,226.90▲ +4.8%▼ −1.3%+6.1 pp difference
Gap at the open, % · ₹
▲ +0.2%+2.46 on 17 Jul
Day's range, % · ₹
4.5%≈ 53 high to low
Volume on the day
3.67×the 20-session average
Futures OI on the day
0.0%−5.0 lots · short covering · price +1.4%
Futures OI open, lots
22,00017 Jul · 28 Jul expiry
Futures premium, ₹
+2.90+0.2% to spot
Puts per call, by OI
0.69from 0.61 the session before
Max pain
1,190from 1,190 the session before

Source NSE UDiFF bhavcopy · HAVELLS on the desk →

Thread · HAVELLSAll HAVELLS bulletins →

Related