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Havells India (HAVELLS) Share Price Falls 2.19% Today; Key Levels, Valuation and Peer View

2 Sept 202611:23 am

Havells India (HAVELLS) Share Price Falls 2.19% Today; Key Levels, Valuation and Peer View

Havells India Share Price was at Rs 1,206 on 02 September 2026 at 9:54:33 AM IST, down Rs 27 or 2.19% from the previous close of Rs 1,233. With a market capitalisation of Rs 77,108.5 crore, Havells India remains a Large Cap name in the Capital Goods space, making today’s move notable within the Electric Equipment basket.

The supplied data confirms the price event, but it does not establish a company-specific catalyst for why the stock is falling today. What is clear is that the stock opened at Rs 1,226.6, which also marked the day’s high, and then moved down to an intraday low of Rs 1,203.95. That pattern points to early-session weakness rather than a late, sudden move.

For investors tracking Havells India Stock News, the immediate questions are straightforward: how sharp was the move, where does the stock sit versus key moving averages, and do fundamentals still support attention despite the share price fall. Univest reviews the price action, valuation, sector benchmarks and peer positioning to frame what matters next.

Havells India (HAVELLS) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 1,206
Previous Close Rs 1,233
Today's Move -Rs 27.00 (-2.19%)
Open Rs 1,226.6
High Rs 1,226.6
Low Rs 1,203.95
Turnover Rs 0.76 crore
Market Capitalisation Rs 77,108.5 crore
Market Cap Category Large Cap

Havells India Share Price Today reflects clear morning weakness. The stock opened below the previous close and did not move above the opening print. With the day’s high and open both at Rs 1,226.6, and the low at Rs 1,203.95, the session range suggests sellers controlled the early trade.

At Rs 1,206, the stock was down Rs 27, or 2.19%, at the recorded timestamp. For a Large Cap company, that is a meaningful single-session move. Turnover stood at Rs 0.76 crore in the supplied data snapshot, and the stock was trading close to the lower end of the day’s range when the article was posted.

Technical positioning adds another layer to the discussion. The RSI stood at 37.09, while the 50-day moving average was Rs 1,265.39 and the 200-day moving average was Rs 1,283.26. With the current price below both moving averages, the stock is trading under two commonly tracked trend markers, while the RSI reading places it in the weaker half of the momentum range without implying any conclusion beyond that.

Havells India (HAVELLS) Fundamental Analysis

Metric Value
Market Capitalisation Rs 77,108.5 crore
P/E Ratio 47.38x
P/B Ratio 7.96x
ROE 19.05%
ROCE 25.74%
EPS Rs 26.02
Book Value Per Share Rs 154.91
Dividend Yield 0.81%

Havells India’s fundamentals show a combination often watched closely by the market: solid profitability and premium valuation. On the valuation side, the stock trades at a P/E ratio of 47.38 and a P/B ratio of 7.96. EPS stands at Rs 26.02, book value per share at Rs 154.91, and dividend yield at 0.81%.

Profitability remains firm in the supplied figures. ROE is 19.05% and ROCE is 25.74%, indicating the business has been generating healthy returns on equity and capital employed. When a stock with these return ratios trades at above-median valuation levels, short-term declines often draw attention because investors immediately weigh business quality against valuation expectations.

That is the main balance in the current setup. Havells India Share Price has declined, but the stock is still not positioned as a low-multiple name on the available data. For readers following earnings quality and valuation discipline, both factors matter more than any unverified explanation for a single session’s move.

Sector and Industry Context

Metric Value
Sector Capital Goods
Industry Electric Equipment
Benchmark Scope same industry
Company P/E Ratio 47.38x
Benchmark Median P/E 34.37x
Benchmark Average P/E 51.72x
Benchmark P/E Range 4.37x to 727.44x
Company P/B Ratio 7.96x
Benchmark Median P/B 4.27x
Benchmark Average P/B 6.53x
Company ROE 19.05%
Benchmark Median ROE 17.18%
Benchmark Average ROE -16.61%
Company ROCE 25.74%
Benchmark Median ROCE 21.42%
Benchmark Average ROCE 22.09%
Company Market Capitalisation Rs 77,108.5 crore
Benchmark Median Market Cap Rs 955.37 crore
Benchmark Average Market Cap Rs 13,747.79 crore

Within the Capital Goods sector and Electric Equipment industry, the benchmark covers 99 companies. Against that group, Havells trades above the industry median on both P/E and P/B. Its P/E of 47.38 is above the median of 34.37 but below the average of 51.72, while its P/B of 7.96 is above both the median of 4.27 and the average of 6.53.

Profitability compares better. ROE of 19.05% is above the benchmark median of 17.18%, and ROCE of 25.74% is above the median of 21.42% and the average of 22.09%. In size terms, the company’s market capitalisation of Rs 77,108.5 crore is far above the benchmark median of Rs 955.37 crore and well above the average of Rs 13,747.79 crore.

The wide industry P/E range of 4.37 to 727.44 also matters. It shows this is not a uniform peer set, so averages alone can be misleading. In that context, Havells looks like a large, profitable company trading at a valuation premium to much of the industry, which can make the stock especially sensitive when sentiment turns cautious during a weak session.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
ABB India ABB 1,57,447.92 52.43 16.77 22.39 30.18
Hitachi Energy India POWERINDIA 1,46,062.96 126.97 26.7 21.04 28.73
Siemens SIEMENS 1,43,683.94 43.72 10.1 15.64 21.42
CG Power and Industrial Solutions CGPOWER 1,41,317.87 111.54 16.97 20.43 27.94
SIEMENS ENERGY INDIA ENRIN 1,12,936.5 75.9 21.5 29.23 40.19

Peer comparison places Havells in the middle of the valuation spectrum among large listed electrical equipment names. It trades at a lower P/E than ABB India at 52.43, Hitachi Energy India at 126.97, CG Power at 111.54 and Siemens Energy India at 75.9, but above Siemens at 43.72.

On profitability, Havells’ ROE of 19.05% is above Siemens’ 15.64% but below ABB India’s 22.39%, Hitachi Energy India’s 21.04%, CG Power’s 20.43% and Siemens Energy India’s 29.23%. Its ROCE of 25.74% is above Siemens’ 21.42% but below ABB India’s 30.18%, Hitachi Energy India’s 28.73%, CG Power’s 27.94% and Siemens Energy India’s 40.19%.

In market-cap terms, Havells at Rs 77,108.5 crore is smaller than the five peers listed in the dataset. So the stock does not sit at either extreme: it is cheaper than some high-multiple peers, stronger than some lower-return peers, and still valued above broad industry medians. That mix helps explain why the stock remains closely watched on a weak day.

Why Investors Are Watching Havells India

  • Price action:  The stock fell 2.19% to Rs 1,206 from Rs 1,233, with the day’s high at Rs 1,226.6 and low at Rs 1,203.95.
  • Trend context:  The current price is below the 50-DMA of Rs 1,265.39 and the 200-DMA of Rs 1,283.26, while RSI stands at 37.09.
  • Large Cap context:  At Rs 77,108.5 crore market capitalisation, Havells India remains a sizeable Capital Goods name.
  • Valuation:  A P/E of 47.38 and P/B of 7.96 indicate pricing above industry medians.
  • Profitability:  ROE of 19.05% and ROCE of 25.74% are above industry medians in the same benchmark set.

About Havells India

Havells India operates in the Capital Goods sector and is classified under the Electric Equipment industry. In listed-market terms, that places it alongside companies such as ABB India, Siemens, Hitachi Energy India and CG Power. The company’s market capitalisation of Rs 77,108.5 crore makes it one of the larger companies in its industry universe.

For investors scanning company updates, today’s discussion is being shaped less by any verified trigger and more by the combination of weak intraday price action, premium valuation relative to key medians, and solid profitability relative to the broader industry sample.

Track Havells India Share Price on Univest

Use Havells India (HAVELLS) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

You can track Havells India Share Price on Univest for live price updates, moving-average data, valuation ratios, 52-week levels and broader market context. For investors following day-to-day stock performance, that helps place a single-session decline within a wider fundamental and sector framework.

Disclaimer:    Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why is Havells India Share Price falling today?

Ans.  Havells India Share Price was down 2.19% at Rs 1,206 versus the previous close of Rs 1,233. The supplied data confirms the decline, but it does not establish a company-specific catalyst behind today’s fall.

What is Havells India Share Price Today?

Ans.  Havells India Share Price Today was Rs 1,206 at the recorded timestamp of 9:54:33 AM IST on 02 September 2026. That represented a decline of Rs 27, or 2.19%, from the previous close.

What do today’s intraday levels show for Havells India?

Ans.  The stock opened at Rs 1,226.6, which was also the day’s high, and moved down to a low of Rs 1,203.95. This indicates early-session weakness, with the stock trading close to the lower end of the day’s range.

How is Havells India valued on P/E and P/B?

Ans.  Havells India is trading at a P/E ratio of 47.38 and a P/B ratio of 7.96. Its P/E is above the industry median of 34.37, while its P/B is above the industry median of 4.27.

What do Havells India’s ROE and ROCE indicate?

Ans.  Havells India reported ROE of 19.05% and ROCE of 25.74% in the supplied data. Both are above the industry medians of 17.18% for ROE and 21.42% for ROCE. ROE stands at 19.05%.

How does Havells India compare with Siemens and ABB India?

Ans.  Havells trades at a P/E of 47.38, above Siemens at 43.72 but below ABB India at 52.43. Its ROE of 19.05% is above Siemens’ 15.64% and below ABB India’s 22.39%.

How large is Havells India within its industry?

Ans.  Havells India’s market capitalisation of Rs 77,108.5 crore is well above the same-industry average of Rs 13,747.79 crore and median of Rs 955.37 crore, though below the industry maximum of Rs 1,57,447.92 crore.

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