Havells India share price fall 5%

Havells India, one of the country's leading Fast-Moving Electrical Goods (FMEG) companies, saw its share price tumble 5% in Wednesday’s trade, April 23, to an intraday low of ₹1,583.40 apiece. Despite the company’s Q4 and FY25 performance exceeding Street estimates, cautious commentary from the management dampened investor sentiment. The company stated that demand for cooling products such as air conditioners (ACs) is expected to be weak in the ongoing quarter due to a mild start to summer, particularly in the South.