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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 slips 10% on heavy volumes after rallied 32% in one month
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SI Reporter Mumbai
Shares of Havells India dipped 10 per cent to Rs 1,063 on the National Stock Exchange (NSE) on Friday after more than one per cent equity of the company changed hands through multiple block deals.

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. The name of the buyers and sellers were not ascertained immediately. There were pending sell orders for around 91,000 equity shares on both the exchanges, data shows.

The stock hit a record high of Rs 1,195

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