Page 3 - Havells India

Lower margins weigh on Havells' Q1 performance as input, staff costs surge

Even as the trend is seen continuing in Q2 before reversing in the second half, analysts are positive on the company

Stocks to Watch Today: Wipro, IndusInd Bank, Adani Enter, CEAT, Sonata, SBI

Stocks to Watch Today: CRISIL, GSFC, Hindustan Zinc, JSW Energy, Mphasis, PVR, RBL Bank and SRF to announce Q1 results on Thursday.

Havells Q1 net profit rises 3% to Rs 243 crore; revenue jumps 63%

Havells India Ltd on Wednesday reported an increase of 3.13 per cent in consolidated net profit to Rs 243.16 crore for the June quarter as margins were impacted due to commodity cost fluctuation.

Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors

Stock market live updates: At 7:25 AM, the SGX Nifty Futures quoted at 16,512 levels, indicating a gap-up of 172 odd-points.

Stocks to Watch: RIL, HUL, ONGC, NTPC, Ambuja, HDFC Life, Grasim, Vedanta

Stocks to Watch Today: CEAT, Havells, IndusInd Bank, Mastek, OFSS, RIIL, Syngene International, Tata Communications and Wirpo to announce Q1 results on Wednesday.

Street Signs: Market uptrend, short covering in Tata Motors, and more

Nifty has not gained for more than three weeks in a row since mid-January 2022

No respite in material and supply chain costs in near term, says Havells

There will be no respite from inflationary pressure on raw material and supply chain costs in the near term, and this could create pressure on the customer's wallet, Havells India CMD Anil Gupta said.

Hope of demand recovery drives gains for Havells' stock

Margin performance will be an additional trigger going ahead

Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks

Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark

Demand risks likely to keep Havells India stock under pressure

The company also faces margin headwinds due to rise in raw material costs

Havells India slips 6% on weak operational performance in December quarter

In Q3, standalone ebitda margin contracted 390 bps to 12.1 per cent due to elevated commodity costs and partial transition in pricing especially in consumer durables.

Havells' washing machine manufacturing unit in Rajasthan goes on stream

Homegrown consumer appliances major Havells India on Thursday said its washing machine manufacturing unit at Ghiloth in Rajasthan has gone on stream.

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

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

Havells India dips 9% on margin disappointment in Sept quarter

In Q2, Ebitda margin declined 338 bps year-on-year to 13.8 per cent, mainly due to higher raw material costs

Havells Q2 profit drops 7.34% to Rs 302.39 cr, sales up 31.6%

Havells India Ltd on Wednesday reported a 7.34 per cent decline in its consolidated net profit to Rs 302.39 crore for the quarter ended on September 30, 2021

Stocks to Watch: Havells, JustDial, Jubilant Food, L&TFH, TajGVK, Tata Comm

Ferilisers, banking shares along with result-oriented stocks like Just Dial, Jubilant Foodworks, Tata Communication, Nestle India and Rallis India to be in focus today

Three large-cap stock ideas by Ajit Mishra of Religare Broking

We're seeing noticeable traction in the auto space and Hero Moto is also finally resuming the uptrend, Mishra said

Consumption stocks zoom in 10 years despite fall in consumer spend

The Nifty Consumption index surged nearly 228 per cent in the last 10 years and has outperformed the frontline Nifty50 that moved up nearly 138 per cent during this period

Higher sales, price hikes help Havells outperform Polycab

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

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.