Havells India Shares Fall 6% to a New 52-Week Low
Havells India shares fell about 6% to Rs.1,002.80, a new 52-week low, despite revenue growth in the September quarter. The report cites rising competition in cables and wires and continued losses in Lloyd Consumer.
New Delhi, Oct. 23 -- Havells India Ltd shares fell about 6% on Friday, dropping to a new 52-week low of Rs.1,002.80 apiece, even as the company reported solid revenue growth in the September quarter (Q2FY27). Rising competition in the cables and wires segment, continued losses in the Lloyd Consume…