Havells India Limited
Government Pension Fund Global (Norway) decreased its stake in Havells India from 1.39% to 1.14%, selling 15,32,826 shares. The value of shares sold is ₹180.69 Cr, at an approximate price of ₹1178.80 per share.
A leading Fast Moving Electrical Goods manufacturer, Havells India produces a comprehensive range of circuit protection devices, cables, wires, motors, fans, modular switches, and home appliances including air conditioners and water heaters. The company serves domestic, commercial, and industrial markets with power distribution equipment and luminaires, maintaining strong global presence and market dominance across its diverse product portfolio.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.