Page 3 - Havells

Havells Q4 net profit up 16% to Rs 3.52 bn, sales up 32.5% to Rs 44.26 bn

Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01% increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022

Street signs: Arbitrage opportunity in Escorts, bonanza for Havells & more

The index closed at 16,245 on Friday, down 11 per cent over its 2022 peak of 18,308

Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group

The Series B funding round also saw participation from Emerge Capital and existing investors, Arrivae, backed by ace investor Rakesh Jhunjhunwala said in a statement

Havells net profit down 12.7% to Rs 305.82 crore in third quarter

The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago

Amid higher raw material costs, margin pressures may continue for Havells

Demand recovery, however, has been strong which could help partially offset cost inflation

Higher sales, price hikes help Havells outperform Polycab

Demand recovery may help both companies post improved show in the coming quarters

Stocks to watch: SBI, JSW Steel, HPCL, Havells, Torrent Power, sugar stocks

Hindustan Petroleum's (HPCL) fourth-quarter profit rose to Rs 3,018 crore from Rs 27 crore a year earlier on big inventory gains

Top headlines: FY21 ITR filing deadline extended; Havells Q4 net rises 71%

Business Standard brings you the top headlines this evening

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.

Sustained growth In fast moving electronics, higher B2C mix to aid Polycab

Despite the correction on Monday, analysts are positive on the stock given multiple triggers

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

AC import ban to drive market share gains for Voltas, Blue Star and Havells

Investment in domestic manufacturing capacities will stand them in good stead; OEMs like Amber Enterprises to also benefit

MARKET: Sensex slips 194 pts as financials fall; Nifty Bank tanks 813 pts

All that happened in the markets today

Recovery in crucial urban market will take longer: Havells India CMD

Anil Rai Gupta says how managing costs, shedding bureaucratic shackles, and improving productivity at every level will be crucial to weathering a storm

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Havells no more a cool stock as Covid-19 dents Q4 show, FY21 outlook

Analysts expect profits to reach FY19 levels only next fiscal

Pullback on the higher side likely if Nifty holds 9,100: Anand Rathi

The broader structure of Nifty still looks weak though

Derivatives strategy on Havells by Nandish Shah of HDFC Securities

The stock price has broken down from the upward sloping trendline

Havells Q2 results disappoint; slowdown in real estate, infra hits growth

Higher competitive intensity in LED panels impacted growth of the acquired Lloyd's business, which slipped into losses at the operating level

Q1 results: Havells feels the heat of weak demand, stock falls over 4%

Growth moderates in cables, lighting; poor show in switchgear and Lloyd business