Havells News
Havells India: Amid gloomy weather, cables come to the rescue
In Q1FY26, Havells India Ltd's revenue fell 6% to ₹5,455 crore, affected by weak demand for cooling products. However, the cables segment performed well with a 27% increase, leading to hopes for future growth amid ongoing investments.
1 min read22 Jul 2025Havells India Q1 Results: Net profit sinks 15% YoY to ₹347 crore on weak demand for cooling products
Havells India reported a 15% drop in consolidated net profit to ₹347 crore for the June quarter, affected by low demand for cooling products. Revenue from operations fell 6% year-on-year to ₹5,455 crore.
2 min read21 Jul 2025Stocks to buy for short term: MRPL to Havells— Jigar Patel of Anand Rathi recommends 3 stock picks; do you own any?
Stocks to buy for the short term: The Nifty 50 has remained rangebound, closing at 25,461 with a slight gain. Jigar Patel suggests buying MRPL, Havells, and Vijaya Diagnostic Centre for short-term gains.
3 min read6 Jul 2025Nagaraj Shetti suggests Havells India, Natco Pharma shares to buy in the short term; do you own?
Indian stock markets showed an upward trend on Thursday with the Nifty 50 at 25,505.10, up by 0.20%. Despite domestic support, global uncertainties around the US-India trade agreement keep investors cautious. HDFC's Nagaraj Shetti recommends Havells India and Natco Pharma for short-term investment.
2 min read3 Jul 2025Stock Picks: Sagar Doshi suggests Adani Energy, HCL Tech, Havells India shares to buy in a green market today - 14 May
Stock Picks: Sagar Doshi of Nuvama Professional Clients Group recommends these three stocks today - Adani Energy Solutions Ltd, HCL Technologies Ltd, and Havells India Ltd.
3 min read14 May 2025Why 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 2025Havells 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 2025Polycab, 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 2025Conviction 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 2025Polycab, 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 2025Popular Topics
Budget
The 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