The 30-share index remained above the 30,000-level in today's trading session along with the NSE Nifty trading above the 9,300-mark on the back of widespread buying and sustained foreign fund inflows.
While DMart founder Radhakrishna Damanis peers chased growth, he focused on cash flow and profitability. And that strategy has made him the most valued retailer in India
The acquisition of Lloyds consumer durables business gives Havells an entry into this high-growth segment. But the company has a challenging task ahead if it has to compete with MNCs and other home-grown biggies.