Havells, V-Guard, Voltas rally up to 5% on healthy outlook

Shares of Havells India hit a new high of Rs 1,590.90, surging 5 per cent on the BSE. A sharp run-up in the stock price has seen the m-cap of Havells India inch towards Rs 1 trillion

Shares of household appliances companies Havells India, V-Guard Industries, and Voltas rallied up to 5 per cent on the BSE in Saturday's special session on anticipation of better January-March quarter (Q4) on summer demand for fans and air-conditioners (ACs), along with rising infrastructure spends which may drive sales of cables and switchgears.

Shares of Havells India hit a new high of Rs 1,590.90, surging 5 per cent on the BSE in the intraday trade. Since February, the stock has zoomed 23 per cent. A sharp run-up in the stock price has seen the market captialiation of Havells India inch towards