Havells India Share Price Falls 20.86% YoY: Check Reasons and Share Price Target

Posted by : Kashish Aggarwal | Mon Feb 09 2026

Click Here – Get Free Investment Predictions

As per the recent share price of Havells India, it has reached a 52-week low of ₹1,256.5 and has declined 9.49% over the past one month and approximately 20.83% over the past one year. The stock has been marking a significant downturn due to broader market weakness and sectoral underperformance. The stock has now recorded a consecutive two-day decline, resulting in a 3.90% loss, and is under pressure within the Electronics & Appliances sector. This decline occurred despite the Sensex opening at 167.26 points lower and trading at 83,677.07, down 1.24%. The stock underperformed its sector by 0.90% on the day, continuing its relative weakness.

Table of Contents

Reason Behind the Havells India Share Price Fall

Here are several reasons behind the Havells India share price decline, such as disappointing financial performance, cautious management outlook, pressure on competitiveness in key segments, sector-wide weakness, and brokerage caution.

Disappointing Financial Performance: Havells has reported a decline in revenue and profitability, which shows weaker financial results and lower investor confidence, as well as a decrease in cash reserves with a decline in the ROCE.
Cautious Management Outlook: The management of this company is also cautious, particularly in key consumer segments, and has faced a decline in revenue due to lower demand for cooling products, such as air conditioners, fans, and more.
Competitive Pressure: Havells India’s consumer durables and its cables & wires business have faced competitiveness pressures, such as weak sales, which have led to squeezed margins and a decrease in investor interest.
Sector-Wide Weakness: The share has also been affected by broader sector weakness in electricals and appliances, with many related stocks hitting lows around the same time, the stock has hit 52-week lows, reflecting bearish technical momentum alongside negative market sentiment.
Brokerage Caution: Brokerage houses and stock analytics are based on bullish stock in the near term, and it has a sell technical issue with Havells India underscores the stock’s struggle to regain upward traction in the near term.

How has Havells Share Price Performed Recently?

The Havells India share has hit a 23-month low on Tuesday, as investors continue to be disappointed by disappointing margins, cautious management commentary, and near-term pressure in key segments. The scrip fell as much as 5.88% to ₹1,362 per share on Tuesday, its lowest level. The stock has fallen by 14.36% in the last 12 months and 3.80% year-to-date. Total traded volume so far in the day stood at 3.19 times its 30-day average. The relative strength index was at 64.32. The company’s market capitalisation stands at ₹79,762 crores, making it the second-largest entity in this sector.

Havells Share: Performance Analysis

Havells India has reflected healthy long-term growth, with net sales increasing at an annual rate of 1.90%. The company’s market capitalisation stands at ₹79,762 crores, making it the second-largest entity in the Electronics & Appliances sector, accounting for 29.75% of the sector’s total market cap. Its annual sales of ₹22,366.13 crores represent 23.89% of the industry’s revenue, underscoring its significant market presence. Institutional investors hold a substantial 34.67% stake in the company, reflecting confidence from entities with extensive analytical resources. This level of institutional ownership often indicates fundamental support despite recent price declines.

Click for Our Big Prediction

Is Havells India a Good Share to Buy?

Havells India’s share price slipped 3.2% in trade, hitting an intra-day low of ₹1,398.10 per share on BSE. The stock came under pressure after Havells’ December quarter (Q3FY26) results, released on Monday after the market closed, missed some of the Street’s expectations. The company reported a net profit of ₹300.78 crore for the quarter. Over the last three years, Havells India has also lagged behind the BSE500 index, indicating challenges in sustaining long-term outperformance. This trend is consistent with the stock’s recent downward pressure.

Havells India: Future Predictions by Analysts:

Motilal Oswal Financial Services has announced its ‘Neutral’ rating with a target of ₹1,590. The brokerage said Havells India’s Q3FY26 earnings were below its estimate as margins remained under pressure across the cables and wires (C&W), Lloyd, and cable segments. Nomura maintained its forecasts of a 18% compound annual revenue growth rate (CAGR) and expects EBITDA margin to improve from 9.7% in FY26 to 11.5% in FY28, with 28% EPS CAGR.

Also Read: Why is Biocon Ltd Share Price Falling?

Havells India: Analysts’ Rating

The average 12-month Havells India share price target is ₹1701.17, and the consensus rating is Hold (mix of Buy, Hold & Sell).
The analysts’ target range is between a high of ₹1,890 and a low of ₹1,236.23.
According to some analysts, some concerns remain with a ‘Reduce’ call on the Havells India share price target of ₹1,890.10.
The analyst’s sentiment is mixed; there have been recent bullish calls (ICICI, JM), but also cautious ones (Motilal Oswal, Nuvama).

Havells India: Share Price Target

Tap to Access Best Research Pieces

The Havells India has an average share price target of ₹1701.17. The consensus estimate represents an upside of 29.07% from the last price of ₹1,318. View 19 reports from 6 analysts offering long-term price targets for Havells India Ltd. According to Wall Street analysts, the average one-year price target for Havells India is ₹1,705.20, with a low forecast of ₹1,245.90 and a high forecast of ₹1,896.0.

Also Read: Why is NDTV India Share Price Falling?

What is the Right Time to Buy Havells India Shares?

According to analysts, Havells India share price is determined by market factors. The share price has decreased due to internal company factors, as discussed above. Therefore, investors must review all relevant factors before investing in Havells India. There are some factors to consider before investing in Havells India company shares.

Strong Fundamentals

Investors should review the Havells India company’s fundamentals before making an investment. If a company has strong fundamentals, high profitability, and effective management, then investors should consider investing in it.

Financing Partnerships

Financing partnerships bridge the gap between customers and financial institutions, facilitating the distribution of a wide range of products and generating positive sales revenue for many consumers.

Growth in the Power Sector

The company is well-positioned in the electronic demat sector to deliver benefits to Havells India. This dominant sector increases demand and prices for Havells India.

Highly Volatile

Prices are highly volatile, leading to significant price changes that have a substantial impact on Havells India’s stock prices. Investors must review the market structure before investing in Havells India company shares.

Conclusion

As we conclude, Havells India has a market cap grade of 1, reflecting its large size and valuation concerns. The stock’s underperformance relative to key indices and peers, coupled with valuation concerns and recent earnings softness, has contributed to this decline. Despite strong market positioning and institutional backing, the current price levels reflect a period of consolidation and reassessment within the Electronics & Appliances sector. The combination of flat recent results, lower ROCE, and a decline in quarterly PAT contribute to the cautious outlook reflected in the share price.

FAQs

What are the key reasons behind the Havells India share price fall?

Ans. Here are several reasons behind the decline in Havells India’s share price: disappointing financial performance, a cautious management outlook, pressure on competitiveness in key segments, sector-wide weakness, and brokerage caution. Havells has reported a decline in revenue and profitability, which shows weaker financial results and lower investor confidence, as well as a decrease in cash reserves with a decline in the ROCE.

What is the Havells India share price target?

Ans. The Havells India has an average share price target of ₹1701.17. The consensus estimate represents an upside of 29.07% from the last price of ₹1,318. View 19 reports from 6 analysts offering long-term price targets for Havells India Ltd. According to Wall Street analysts, the average one-year price target for Havells India is ₹1,705.20, with a low forecast of ₹1,245.90 and a high forecast of ₹1,896.0.

What are the future predictions by analysts of Havells India?

Ans. Motilal Oswal Financial Services has announced its ‘Neutral’ rating with a target of ₹1,590. The brokerage said Havells India’s Q3FY26 earnings were below its estimate as margins remained under pressure across the cables and wires (C&W), Lloyd, and cable segments. Havells India’s share price slipped 3.2% in trade, hitting an intra-day low of ₹1,398.10 per share on BSE. The stock came under pressure after Havells’ December quarter (Q3FY26) results, released on Monday after the market closed, missed some of the Street’s expectations.

What are the factors that affect the Havells India share price?

Ans. According to analysts, Havells India’s share price is determined by market factors. The share price has decreased due to internal company factors, as discussed above. Therefore, investors must review all relevant factors before investing in Havells India. There are several factors to consider before investing in Havells India’s shares. Prices are highly volatile, leading to significant price changes that have a substantial impact on Havells India’s stock prices.