NSE: HAVELLS · 22 October 2026
- Havells India Limited shares closed nearly flat with a modest gain of 0.13% at ₹1,073.00 on Wednesday, recovering from an intraday low of ₹1,048.00 to touch a high of ₹1,090.00.
- Havells India Limited submitted its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Net revenue grew 34.60% year-on-year to ₹6,417 crores, driven by strong performances in cables and switchgears. Net profit stood at ₹353 crores, reflecting an 11.10% increase compared to the corresponding quarter last year.
- Trading volume was 2.79 times the 20-day average daily volume.
Why is Havells India share price rising on 22 October 2026?
Havells India Limited shares closed nearly flat with a modest gain of 0.13% at ₹1,073.00 on Wednesday, recovering from an intraday low of ₹1,048.00 to touch a high of ₹1,090.00.
The minor uptick in the stock came against a backdrop of broader market weakness, as the benchmark Nifty declined 0.88%. Havells' positive performance also follows a period of short-term pressure, with the stock registering a 5-day return of -4.19% and a 20-day return of -1.46%, indicating a pause in recent downward momentum.
On the corporate front, the company released its financial results for the quarter ended September 30, 2026, reporting a 34.60% YoY growth in net revenue to ₹6,417 crores and a net profit of ₹353 crores. While this operational update provides important fundamental context for investors tracking the company's growth across its switchgears, cables, and Lloyd consumer segments, today's muted price movement suggests the earnings announcement was largely absorbed without triggering a directional breakout.
20.80 lakh shares traded by 22 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 7.46 lakh shares (2.79 times). The five-day average daily volume was 7.57 lakh shares. Separately, the NSE report for 22 October 2026 showed 3.94 lakh shares delivered, representing 18.95% of that day’s traded volume. The same report recorded 85,662 trades.
The stock stabilized with a minor 0.13% gain on heavy volume following recent declines, matching a technical recovery pattern rather than an immediate reaction to the day's earnings release.
Latest Company Developments
Havells India Limited submitted its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Net revenue grew 34.60% year-on-year to ₹6,417 crores, driven by strong performances in cables and switchgears. Net profit stood at ₹353 crores, reflecting an 11.10% increase compared to the corresponding quarter last year.
Financial results provide essential visibility into top-line expansion, segment contributions, and margin dynamics across consumer and industrial electrical portfolios.
The company announced the appointment of Mr. Yudhishter Shringi as Executive Vice President and SBU Head, effective October 12, 2026. Mr. Shringi brings over 23 years of experience in sales, business operations, and P&L growth across prominent consumer goods and retail organizations.
Leadership additions in key business units highlight ongoing organizational strengthening to drive operational execution and market reach.
CARE Ratings reaffirmed the company's long-term bank facilities at CARE AAA with a Stable outlook and short-term bank facilities and commercial paper at CARE A1+. The rating assessment incorporated the operational and financial performance of the company.
Maintained top-tier credit ratings reflect robust financial health, high debt-servicing capability, and strong liquidity profiles.
Havells India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Havells India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 9.46% on 30 September 2026. This compares with 7.86% on 30 June 2026, a change of +1.60 percentage points.
The filing reported 32 MF/UTI holders.
What to Watch Next
- Execution of cable and wire capacity expansion funded by projected ₹1,400 crore annual capex
- Margin trends in the Lloyd consumer durable segment against raw material cost volatility
- Volume sustenance and delivery percentage trends relative to the 20-day average volume
- Adoption and scaling of the newly established battery energy storage collaboration with Pixii AS
Other Dated Coverage
- Havells India Share Price Today: Why HAVELLS Is Rising 2.95% | 14 October 2026 — 14 October 2026
- Havells India in Focus After Appointing New Executive VP; What to Watch | 13 October 2026 — 13 October 2026
- Why Havells Share Price Rose 2.36% Today: Technical Rebound Explained | 1 October 2026 — 1 October 2026
More Havells India news and dated analysis →
Frequently Asked Questions
What is the latest Havells India company news?
Havells India Limited submitted its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Net revenue grew 34.60% year-on-year to ₹6,417 crores, driven by strong performances in cables and switchgears. Net profit stood at ₹353 crores, reflecting an 11.10% increase compared to the corresponding quarter last year.
How strong was Havells India’s trading volume?
20.80 lakh shares traded, 2.79 times the 20-day average daily volume. The price and volume data are dated 22 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.