Page 5 - Havells India

Havells India Q1 net profit jumps about four-folds to Rs 236 crore

Consumer electrical goods maker Havells India Ltd on Wednesday reported nearly four-fold jump in its consolidated net profit at Rs 235.78 crore for the first quarter ended June 2021.

Havells, Blue Star: 7 hot stocks to keep your portfolio cool this summer

Bajaj Electricals and Whirlpool can see significant upside on follow-up buying, technical charts suggest. However, the overall market also needs to be positive for these stocks to gain further ground

3 stock ideas by Osho Krishan of Anand Rathi: Buy Havells, Ipca Labs

Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame

Havells India confident of demand revival, says CMD Anil Gupta

The company is working on product development and emerging consumer trends

Havells consolidated net profit rises 71% to Rs 304 cr in March quarter

Consumer electrical goods maker Havells India on Thursday reported 70.95 per cent rise in consolidated net profit at Rs 303.83 crore for the fourth quarter ended March 31, 2021.

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Havells' stock is currently trading around the support zone of medium-term moving average (100 EMA) on the daily chart and indications are in the favor of a strong surge in near future

Havells India to cover Covid-19 vaccination cost for staff in India

Consumer electrical goods maker Havells India on Thursday said it will cover cost of Covid-19 vaccination for all its direct and indirect employees in India

Cool prospects for consumer durable firms as temperature set to soar

Indian Meteorological Department (IMD) expects day temperatures to remain above-normal in select regions across the country between March to May 2021

Havells India slips 10% on heavy volumes after rallying 32% in a month

Till 01:42 pm, a combined 8.64 million equity shares, representing 1.4 per cent of total equity of Havells India, had changed hands on the NSE and BSE

Havells India hits fresh record high in weak market, surges 32% in a month

Analysts expect higher growth for the company for the next few quarters due to a low base (lockdown quarters) and effect of price hikes

India Inc's big boys get bigger still as unorganised market shrinks

Q3 results point to the trend; consolidation will continue, say analysts

Strong beat in Q3 brightens up Havells' prospects, revenue at all-time high

The recent surge in stock prices factors in key positives; await better entry point, advise analysts

Analysts up earnings estimates for Havells after company reports strong Q3

Surge in company's share price and premium valuations do not offer a favourable risk-to-reward equation, say analysts

Havells India surges 6%, hits new high on strong December quarter results

The company said the supply chain disruption faced by suppliers with high import dependence has further supported market share gains

Havells India regains Rs 50,000 crore m-cap mark as stock hits record high

The company reported a strong 80 per cent YoY growth in its standalone net profit at Rs 325 crore in September quarter

Havells delivers a strong beat in Sept quarter operational performance

While cost control drove margins and consumer demand rebounds, further gains may restricted as projects business is yet to recover and valuations are stretched

Havells Q2 net up 82% to Rs 326 crore, sales up 10% at Rs 2,459 crore

Consumer electrical goods maker Havells India Ltd on Thursday reported an increase of 81.97 per cent in its consolidated net profit at Rs 326.36 crore for the second quarter ended September 2020. The company had posted a consolidated net profit of Rs 179.34 crore in the July-September quarter a year ago, Havells said in a regulatory filing. Its revenue from operations was up 10.16 per cent to Rs 2,459.49 crore during the period under review, as against Rs 2,232.65 crore in the corresponding period last fiscal, the company said. "We are encouraged with the pace and extent of demand recovery. Consumer & Residential demand is robust, however Industrial & Infrastructure sales remain sluggish though trending towards a gradual recovery," Havells India Chairman and Managing Director Anil Rai Gupta said. He further noted that "our initiatives in rural, online and channel engagement have well delivered," he added. Havells total expenses were at Rs 2,113.92 crore, as against Rs 2,055.55

DGFT's new rules for AC imports: Right move with little impact, say experts

While companies cannot import gas-filled AC units, there are no curbs on importing similar AC units without refrigerant

Havells India gains 3% on hopes of improvement in operational performance

The stock is trading close to its 52-week high level of Rs 717, touched on November 8, 2019

Festival boost: Home appliance makers look to regain some lost ground

CG Consumer among top picks because of increased demand for home and kitchen gadgets; Voltas preferred among AC makers