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 2025The move reflects Havells’ broader strategy of securing critical inputs as it expands into energy solutions.
2 min read16 Apr 2025The 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 2025In 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 2025UltraTech 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 2025Polycab 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 2025Dividend 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 2025Top 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 2024Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - Hindustan Unilever Ltd (HUL) and Havells India Ltd.
3 min read23 Apr 2024Buy or sell stocks: Osho Krishan has recommended two stocks to buy today - KEI Industries and Havells India
3 min read8 Feb 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared