ICICI Sec has trimmed its target price to ₹1,725, but has retained 'Buy' rating as it sees an attractive entry point for long-term investors post recent 20 per cent stock correction over 12 months
Goldman Sachs top stock picks: Tech charts predict up to 19% upside for Reliance, Titan, PTC Industries; Havells India, however, may underperform in the near-term; check key levels for these 4 stocks.
Among sectors, their biggest 'conviction' as regards India is on the defence sector, where Goldman Sachs believes PTC Industries is scores over its peers
Renewable energy player Goldi Solar on Wednesday said it has raised over Rs 1,400 crore in a funding round led by consumer electrical goods maker Havells India Ltd. Besides, various high-net-worth individuals (HNIs), institutional and strategic investors have participated in the capital infusion, the Gujarat-based module maker said. In a statement, Goldi Solar said it has "secured a landmark growth capital infusion led by Havells India, alongside a distinguished consortium of high-net-worth individuals (HNIs), institutional, strategic, and prominent investors." The company has raised a total of Rs 1,422 crore from multiple investors, and the capital will be used to fund future growth plans. Other prominent investors and family businesses are Ambit Global Private Client, Nikhil Kamath, Shahi Exports Pvt Ltd, SRF Transnational Holdings Ltd, Karmav Real Estate Holdings LLP, NSFO Ventures LLP, and Godwitt Construction Pvt Ltd. According to market sources, Havells has infused Rs 600 cr
Analysts see margins reviving as demand powers up in festival quarter
The company's revenue for the second quarter rose 5.2 per cent Y-o-Y to ₹4,779.33 crore, as against ₹4,539.31 crore. On a quarter-on-quarter (Q-o-Q) basis, the revenue fell 12 per cent
Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.
The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.
Private equity firms EQT and Bain Capital are leading the race to acquire a 31 per cent stake in Whirlpool India, as rivals like Reliance Industries and Havells withdraw over valuation concerns
Havells India reported a 14.72 per cent Y-o-Y decline in consolidated profit after tax to ₹347.53 crore in Q1FY26
Stocks to Watch today, July 22, 2025: Eternal, Titan, Oberoi Realty and UltraTech Cement are some of the top stocks to watch today
The consolidated total expenses of the company remained flat at ₹5,054.78 crore in Q1 FY26
Q1 FY26 company results, July 21: Havells India, Oberoi Realty, CRISIL, UCO Bank, PNB Housing Finance, and DCM Shriram will release their April-June quarter earnings reports today
Nomura said scrapping the 12 per cent GST slab could bring major tax relief for tractors and ACs, boosting demand and pricing.
Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility.
Whirlpool Corp plans to sell 31 per cent in Indian arm; Reliance, Havells, Bain, and EQT among shortlisted bidders as parent eyes $600 million to fund debt repayment amid global restructuring
Shares of Voltas and Havells India seem to be favourably placed on the technical charts; while Blue Star and Whirlpool look weak; check target price and key levels here
Havells' management highlighted that consumer sentiment remains subdued due to persistent inflation
The company reported a profit of Rs 518 cr in the three months ended March 31, nearly 16% higher than a year ago
Q4 FY25 company results today, April 22: Mahindra & Mahindra Financial Services, AU Small Finance Bank, and Havells India will be among 17 firms to post earnings report for the January-March quarter