Havells India shares in focus as Lloyd launches Luxuria collection, ramps up AC manufacturing

Havells India shares are expected to attract investor attention on Monday after its subsidiary brand Lloyd unveiled a new line of premium consumer durables under the Luxuria Collection, while also expanding its manufacturing capacity to meet rising demand.

In a press release, the company announced the launch of its StunnAir, Stellar, and Stylus air conditioner models, along with new product additions like the Lloyd refrigerator (KOLOR), Lloyd Mini LED TV, and Novante Washing Machine. These new launches mark a strategic expansion into high-end cooling and lifestyle solutions.

“Lloyd, a leading consumer durables brand from Havells India, is elevating its product offering with a new line-up of luxury cooling solutions with the launch of the Lloyd Luxuria Collection. This exciting expansion includes the introduction of the innovative StunnAir, and the expansion of the already popular Stellar & Stylus models,” the company said in a press release.

In addition, to meet the anticipated rise in consumer demand and build on last year’s successful launch, Lloyd has ramped up the combined manufacturing capacity of its Ghiloth and Sri City plants to 3 million Acs per annum, it added.

The company emphasized that this expansion is backed by deep consumer insights and a commitment to delivering superior quality, energy efficiency, and design. The Luxuria Collection is positioned to raise the bar in terms of comfort and innovation, targeting customers who prioritize style and performance.

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“Lloyd has always been at the forefront of innovation, and last year’s lineup was received exceptionally well, really solidifying our position in the premium AC market. Launching the Luxuria collection is our way of building on that success and responding to the increasing demand for thoughtfully curated cooling solutions. The StunnAir, with its features like AI-powered cooling and voice commands, sets our portfolio apart. The move toward luxury in air conditioning isn’t just about adding high-end features; it’s about creating a complete experience,” said Yogesh Kumar Gupta, Executive Director of Havells India.

On Monday, Havells India shares closed at Rs 1457.40 on the BSE, lower by 0.82%.

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