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Havells shares tank 6% post weak Q4 show. Morgan Stanley cuts to underweight, Goldman Sachs trims target
Havells shares fell sharply on Thursday after a weak Q4, with revenue growth slowing and EBITDA declining. A sharp rise in other income boosted profit, but brokerages flagged margin pressures and muted demand. Morgan Stanley downgraded the stock, while Goldman Sachs and Nuvama trimmed targets but maintained positive long-term views.
Tata Elxsi among 5 F&O stocks with a sharp rise in futures open interest
Futures open interest surged over 13% across nine NSE stocks, led by Tata Elxsi, Havells, CDSL, HCL Tech and SBI Life, signaling rising trader participation and expanding derivative positions.
Q4 Results LIVE Updates: L&T Tech profit below Street estimates but margin improves
Q4 Results Live Updates: Result reactions are dominating market proceedings in Wednesday's trading session. HCLTech is the top loser on the Nifty 50 with a 9% drop after a disappointing quarter and an equally disappointing guidance for the new financial year. HCLTech's fall has also pressured the entire IT space. Along with HCLTech, Transformers & Rectifiers is also down over 10% and is the top loser on the Nifty 500. Along with these, Bharat Coking Coal, Delta Corp, L&T Technology Services, Havells India, Oracle Financial and Maharashtra Scooters will also be reporting their numbers today. Watch this space for all the Live earnings updates, management commentary and a lot more.
Q4 Results Live Updates: Oracle Financial Declares Bumper Dividend Of Rs 270/Share As Profit, Revenue Jump
SBI Life Insurance Co., Trent Ltd., Tech Mahindra Ltd., L&T Technology Services Ltd. and Havells India Ltd. are among companies reporting earnings on Wednesday, April 22.
Havells India gains after Q4 PAT rises 41% YoY to Rs 734 crore
Havells India rallied 3.15% to Rs 1,370.10 after the company's standalone net profit jumped 40.58% to Rs 734.24 crore on a 2.38% rise in revenue to Rs 6,687.68 crore in Q4 FY26 compared with Q4 FY25.
Havells India consolidated net profit rises 39.63% in the March 2026 quarter
Sales rise 2.47% to Rs 6705.20 crore
Havells India Q4 Results: Cables business outperforms but Lloyds drags on delayed summer onset
Havells India's cable business revenue increased by 14% from last year, while its Earnings Before Tax (EBIT) saw growth of 36% year-on-year. EBIT margin for this business increased to 14.2% from 11.9% last year.
Havells India faces earnings downgrades risk as cost pressures mount
Havells shares have recovered slightly from recent lows but remain under pressure as rising commodity costs threaten margins. Weak demand in the Lloyd air-conditioner business and high valuations add to concerns
Heatwave Impact: AC makers Blue Star, Voltas, Havells shares surge up to 5%
AC stocks Blue Star, Voltas, LG Electronics India gained as parts of the country started getting warmer this week. AC makers are said to have increased their rates as well ahead of peak summer, while Blue Star on Tuesday launched its new range of room air-conditioners for the summer.
L&T, LTTS among 8 major stocks turning ex-dividend this week; payouts up to Rs 40 per share
L&T, LTTS, Havells India and several other major stocks are turning ex-dividend this week, with announced payouts of up to Rs 40 per share for FY26.
Neutral Havells India; target of Rs 1340: Motilal Oswal
Motilal Oswal recommended Neutral rating on Havells India with a target price of Rs 1340 in its research report dated April 22, 2026.
Havells India shares fall 6% on missing Q4 estimates, brokerages cut target prices
Electrical consumer durables (ECD) revenue fell 2 percent to Rs 976 crore, while revenue from Lloyd Consumer declined 19 percent to Rs 1,514 crore.