Havells News

Markets

Why did Havells India share price fall 5% despite healthy Q4 results? Key reasons explained

Havells India share price fell 5% to ₹1,583.40 despite a strong Q4 performance. Management’s cautious outlook on cooling product demand and brokerage firms reducing EPS estimates led to lowered target prices, with Kotak maintaining a ’Sell’ call and Equirus retaining a ’Buy’ rating.

2 min read23 Apr 2025
Markets

Havells India is insuring its growth strategy with a stake in Goldi Solar

The move reflects Havells’ broader strategy of securing critical inputs as it expands into energy solutions.

2 min read16 Apr 2025
Markets

Polycab, KEI, Havells shares crash up to 15% as Adani Enterprises’ entry heats up competition in cables & wires biz

The entry of Adani Group into the cables and wires market has led to a sell-off in shares of major companies like Polycab India and KEI Industries. Rising copper and aluminum prices further complicate the sector, raising concerns over increased competition and production costs.

2 min read20 Mar 2025
Companies

Conviction over calculators: How Qimat Rai Gupta turned Havells into household name

In a market teeming with domestic and multinational competitors, QRG carved out a place for his fledgling startup before turning it into a global electrical equipment powerhouse through foresight, courage and persistence.

4 min read8 Mar 2025
Markets

Polycab, KEI Industries, RR Kabel, Havells face de-rating, target price cut as UltraTech forays into cables & wires

UltraTech Cement’s entry is expected to impact the revenue growth of existing incumbents, with HSBC estimating a 1.1% reduction in revenue growth for the sector. The lower earnings growth outlook has led to a 20% - 23% reduction in target prices for pure-play Cables & Wires companies.

3 min read27 Feb 2025
Markets

Polycab, KEI to Havells - Cables & wire stocks catch fire, tank up to 20% on UltraTech’s foray into segment

Polycab share price tumbled 17.6% in today’s session, reaching ₹4,751 apiece, while those of KEI Industries crashed 20% to hit ₹3,038. Likewise, R R Kabel shares plunged by 14% to hit an all-time low of ₹954 apiece. The fall comes amid UltraTech’s foray in C&W segment.

3 min read27 Feb 2025
Markets

Havells share price in focus as stock trades ex-dividend today

Dividend Stock: Havells share price remains in focus today as stock trades ex-dividend and ex-record date for interim dividend of ₹4 per equity share.

1 min read22 Jan 2025
Markets

Top Stock Recommendations: Sagar Doshi of Nuvama recommends Havells, Deepak Nitrite, LIC Housing and APL Apollo today

Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - Havells India Ltd, Deepak Nitrite Ltd, LIC Housing Finance Ltd, and APL Apollo Tubes Ltd.

3 min read24 Apr 2024
Markets

Stocks in focus: Ruchit Jain of 5paisa recommends HUL and Havells today

Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - Hindustan Unilever Ltd (HUL) and Havells India Ltd.

3 min read23 Apr 2024
Markets

Buy or sell: Osho Krishan of Angel One recommends buying KEI Industries and Havells India stock today

Buy or sell stocks: Osho Krishan has recommended two stocks to buy today - KEI Industries and Havells India

3 min read8 Feb 2024
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