Havells India shares jump 4% after posting Q3 results. Should you invest?

January 17, 2025

Havells Share Price: Havells India’s Q3 results for FY25 revealed a 1.7% dip in net profit at Rs 283 crore but an 11% increase in net revenue at Rs 4,883 crore. Segmental growth was notable in Switchgears, cables, and Electrical Consumer Durables. Brokerages are mixed in their outlook, with UBS suggesting a ‘Buy,’ while JP Morgan remains ‘Neutral.’

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