Why did Havells India share price fall 5% despite healthy Q4 results? Key reasons explained

Havells India share price fell 5% to ₹1,583.40 despite a strong Q4 performance. Management's cautious outlook on cooling product demand and brokerage firms reducing EPS estimates led to lowered target prices, with Kotak maintaining a 'Sell' call and Equirus retaining a 'Buy' rating.

Markets