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


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

Stock Returns

Story by: Tanya Aneja
Designed by: Mohsin Shaikh

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