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How HAVELLS BUSINESS strategy made it a GOLDMINE stock with 70,000% returns : Case Study?
The story of Havells is one of the most iconic tales in the Indian business history! In the past 20 years, its stock price has shot up 70,490% going from just 1.58Rs to 1082Rs in 2022! and a mere Rs 10000 investment in Havells in 2001 would be worth, Rs 18 Crores including stock splits) and excluding the dividends! and the most astonishing thing about this company is that it was made legendary by an ordinary drawing teacher with a salary of just 90 Rs who then turned to trading and went on to become one of the most iconic businessmen in the Indian business history! This man that I am talking about is none other Qimat Rai Gupta.
So the question is
what is the story of Havells?
what are the business strategies that turned it into a goldmine for its investors?
and most importantly what are the study materials and the lessons that we need to learn from the iconic rise of Havells?