Daily Market Updates: Havells India stock drops to a new 52-week low after Q2 results. What’s worrying investors?

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Havells India stock drops to a new 52-week low after Q2 results. What’s worrying investors?

Reported · Written up by our desk · North America

Havells India shares fell about 6% on Friday to a new 52-week low as investors weighed margin pressures from rising competition in cables and wires, continued losses at Lloyd and higher input costs, despite solid revenue growth in the September quarter (Q2FY27).

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LiveMint MarketsHavells India stock drops to a new 52-week low after Q2 results. What’s worrying investors?

Global Markets

Havells India stock drops to a new 52-week low after Q2 results. What’s worrying investors?

More like this

Sources

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