Multibagger STOCK: 950% returns in 10 years- The Havells Story
It was 1958 and a school teacher from Punjab decided to move to New Delhi to work as a small trader
Qimat Rai Gupta’s Humble Beginnings
This is a story about a man who braved poverty, ill health, competition and corruption to turn his dreams into reality
Story of Qimat Rai Gupta
He got a chance to manage his uncle's electrical shop in Baghirath Palace in Delhi. His uncle even made him an equal partner in his trading business
Qimat Rai Gupta: Early Days
In 1971, he acquired a company called Havells from a Delhi businessman Haveli Ram Gandhi. He built strong personal bonds with his dealers and increased spending on advertising
Qimat Rai Gupta: Turning Point
Qimat Rai Gupta took loans to acquire the European firm, Sylvania, a lighting company one and a half times the size of his own company
Sylvania Turnaround for Havells
Havells even managed to turn around Sylvania in 2008 when Europe was hit by recession
The Havells STORY
In 2000, Havells India had only one product- the switchgear. Today, it enjoys market dominance across products...
Just One Product in 2000
...including cables, wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters and power capacitors
HAVELLS PRODUCTS
The FMEG company has a current market cap of over Rs 76,000 crore and is present in more than 60 countries. The performance of Havells India Ltd stock on Dalal Street has been phenomenal
HavelLS SHARE on Dalal Street
The shares of Havells India Ltd have delivered around 950% returns in the last 10 years
Multibagger Stock Returns
Story by: Tanya Aneja Designed by: Mohsin Shaikh
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