Havells India (HAVELLS) — Announcement

Havells India announced a strategic collaboration with Norway's Pixii AS to enter India's battery energy storage market, leveraging Pixii's modular technology and Havells' distribution network to target residential and commercial segments. The partnership aims to establish local manufacturing and tailored solutions by FY30, capitalizing on a projected 10-12k INR Cr market growing at over 100% CAGR.

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About Havells India Limited (HAVELLS)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹77,108.5 Cr P/E: 47.2 ROE: 17.3% ROCE: 22.9% Div Yield: 0.81%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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