The company's stock settled 9.40 per cent higher at Rs 272.75 on the BSE as against Rs 249.31 (adjusted basis). During the day, the scrip surged 12.18 per cent to Rs 279.70 -- its 52-week high level.

The stock had closed at Rs 1,246.55 (pre-split) yesterday. At the NSE, Havells scrip rose by 10.13 per cent to end the day at Rs 274.

In terms of volume, 8.42 lakh shares of the company changed hands at the BSE, while over 36 lakh shares were traded at the NSE during the day.

Havells had announced a stock split in the ratio of 5:1 that is every share with face value Rs 5 will be split into 5 shares of Re 1 each.

The company had in a filing to the BSE on August 11 said it has fixed August 27, 2014 as record date for the purpose of sub-division of equity shares of Rs 5 per share of the company into 5 shares of Re 1 each. However, the split has taken effect today itself.

Stock split increases liquidity of a share as more retail investors buy the share due to its reduced price per share.

In the broader market, the BSE benchmark sensex ended on a flat note as it inched by 5.79 points to end at 26,442.81.