In addition to the consumer-driven growth, Havells is also poised to benefit from an increase in infrastructure spending. This is likely to boost the company's cables and switch gears segments, among ...

Similarly, Shares of Havells India Ltd tumbled nearly 8.9 per cent to Rs 1,410.60 in the early session against the previous close at Rs 1,547.55. However, both the counters made a marginal recovery.

Polycab, KEI, and Havells take major hits. The largest loser in the cable stocks was KEI Industries, which fell 14.3 per cent to Rs 2,809.85, taking its market capitalization below Rs 28,000 crore..

Home appliances maker Havells India reported a 33% rise in second-quarter profit on Thursday, as cables remained in demand due to sustained infrastructure spending and as dry weather boosted air ...

Havells remains financially strong, ... (12 per cent of 9MFY24 revenue), cables & wires (34 per cent), lighting and fixtures (9 per cent), electrical consumer durables ...

Home appliances company Havells India posted an 18.5% rise in first-quarter profit buoyed by sustained demand for its wires and cables due to steady infrastructure spending, sending shares 2.5% ...

Shares of select wires and cable companies including Polycab India, Havells India, RR Kabel and KEI Industries tumbled as much as 9 per cent during Thursday's trade.

On Friday, CLSA upgraded Havells India (NS:HVEL) (HAVL:IN), a leading electrical goods company, from Hold to Outperform, raising the price target to INR2,120.00 from the previous INR1,860.00. This ...

Havells shares upgraded, new cable capacity and infra growth seen as positives. Editor Ahmed Abdulazez Abdulkadir. Analyst Ratings. Editor Ahmed Abdulazez Abdulkadir. Published 12/13/2024, 04:38 AM.