Havells India
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Stocks to watch: IndusInd Bank, NDTV, Havells India, Tata Motors and more
As companies release their September quarter profits today, attention will be focused on Bajaj Finance, Asian Paints, Axis Bank, Canara Bank, Colgate Palmolive, ITC, Tata Consumer, Mphasis, Coforge, and the Central Bank of India.
By
Aryan Jakhar
Stock Market update: Havells India shares down by 5% post Q3 results
Business
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Stocks of Havells India fell by 5% to Rs 1244.20 per equity share against the previous close at Rs 1310.30 per share, in today's early trade.
Havells India shares declines by 9%, record low operational performance in September quarter
The company’s profits before interest, tax, depreciation and amortisation (Ebitda) margin dwindled 338 bps year-on-year (YoY) to 13.8 per cent, largely due to greater raw material expenses.
By
Ayisha Farah