Honeywell Automation's stock saw a rise, currently trading at Rs. 49,800.05, marking an increase of 229.20 points (0.46%) from its previous close of Rs. 49,570.85 on the BSE. The stock opened at Rs. 50,200 and fluctuated between a high of Rs. 50,200 and a low of Rs. 49,650. A total of 54 shares were traded so far.
The stock belongs to BSE's 'A' group, with a face value of Rs. 10. Its 52-week high was Rs. 59,700 on June 26, 2024, and its low was Rs. 34,990 on December 21, 2023. In the last week, the scrip reached a high of Rs. 51,330.45 and a low of Rs. 49,118.65. The company's current market capitalization stands at Rs. 44,165.18 crore. Promoters hold 75% of the company's shares, while institutions and non-institutional investors hold 15.12% and 9.87%, respectively.
Honeywell Automation India recently achieved a significant milestone by commissioning a microgrid Battery Energy and Storage System (BESS) for the Solar Energy Corporation of India's (SECI) Lakshadweep Islands project. This initiative represents India’s first on-grid solar project that integrates BESS technology to manage renewable energy supply. The project, located on the remote Kavaratti islands, aligns with the country’s push toward decarbonizing the energy supply of the Lakshadweep Islands.
Honeywell’s BESS solution offers comprehensive energy storage and distribution, providing advanced automation, safety, and efficiency control, along with remote operation capabilities for battery modules and grid systems. For the Lakshadweep initiative, Honeywell is providing its Energy Management System (EMS), Microgrid controller, and Power Plant Controller to efficiently manage renewable energy distribution.
Honeywell Automation India continues to lead in providing integrated automation, software solutions, and systems that support energy and building management.