Is Havells India stock a buy right now?
As of early May 2025, Havells India is trading near ₹1,582 per share on the NSE, with an average daily volume of approximately 765,700 shares—indicative of sustained, broad-based investor engagement. The company recently posted robust Q4 FY2025 results: revenue rose by 20% and net profit surged nearly 16% year-on-year, led by impressive momentum in its cables and Lloyd consumer businesses. While the stock remains about 25% off last year's high and is trading below its 200-day moving average, the recent bounce above key short-term moving averages suggests renewed investor confidence. Sector-wide, the FMEG and electricals space continues to benefit from India's manufacturing push and rising urban consumption, trends where Havells’ dominant brand and distribution give it an edge. The market’s mood is constructive, supported by a debt-free balance sheet and consistent dividends. Notably, over 32 national and international banks are forecasting a consensus target price of approximately ₹2,057, reflecting bright prospects for medium-term value creation. Given its strong fundamentals and timely segmental growth, Havells India merits careful attention from retail investors seeking quality exposure in India’s consumer electronics sector.
- Consistent double-digit revenue and profit growth, even in volatile market cycles.
- Debt-free balance sheet supports financial flexibility and resilience.
- Extensive distribution, with 600+ Galaxy stores and a broad national reach.
- Leading, diversified product portfolio with strong brands: Havells, Lloyd, Crabtree.
- Regular dividend track record, with ₹10 per share announced for FY25.
- Valuation remains at elevated levels; P/E still high versus historical averages.
- Stock lags broader indices over 12 months, reflecting sector-specific volatility.
- What is Havells India?
- How much is Havells India stock?
- Our full analysis on Havells India </b>stock
- How to buy Havells India stock in India?
- Our 7 tips for buying Havells India stock
- The latest news about Havells India
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Havells India's performance for over three years. Every month, hundreds of thousands of users in India rely on us to analyze market trends and highlight the best investment opportunities. Our analyses are intended solely for informational purposes and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Havells India.
What is Havells India?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Indian | Havells is a prominent Indian company with a strong domestic and international presence. |
| 💼 Market | NSE (National Stock Exchange of India) | Listed on India's main stock exchange ensures high liquidity and accessibility for investors. |
| 🏛️ ISIN code | INE176B01034 | Unique identifier used for secure and simple trade of Havells shares nationwide. |
| 👤 CEO | Mr. Anil Rai Gupta | Leadership by Anil Rai Gupta supports stability and execution of the company's growth strategy. |
| 🏢 Market cap | ₹99,201 crore (approx $11.8 billion) | Large market cap reinforces Havells' position as a leading player in electrical goods. |
| 📈 Revenue | ₹6,543.56 crore (Q4 FY25, +20.24% YoY) | Strong revenue growth is driven by robust performance in core and new consumer segments. |
| 💹 EBITDA | ₹757 crore (Q4 FY25, +19.3% YoY) | Consistent EBITDA growth indicates healthy operating performance and efficient cost management. |
| 📊 P/E Ratio | 67.39 | Trading at a high valuation, reflecting growth optimism but potential risk if earnings miss. |
How much is Havells India stock?
The price of Havells India stock is rising this week. As of now, the stock trades at ₹1,582.30, up by ₹15.30 or 0.98% in the past 24 hours, though it has slipped 1.09% over the last week.
| Market Capitalisation | ₹99,201 crore |
|---|---|
| 3-Month Avg Daily Volume | 765,753 shares |
| P/E Ratio | 67.39 |
| Dividend Yield | 0.63% |
| Beta | Moderate market-related volatility |
Investors should note the high valuation, but also Havells’ consistent dividends and strong brand position in the Indian market.
Check out the best brokers in India!Compare brokersOur full analysis on Havells India stock
Having meticulously reviewed Havells India’s latest financial results, along with its stock price dynamics over the past three years, we have synthesized a rigorous, data-driven analysis, leveraging financial indicators, technical signals, and competitive intelligence through our proprietary algorithmic framework. This multi-factor approach highlights the company’s evolving business momentum within the context of a rapidly changing electrical and consumer durables landscape. So, why might Havells India stock once again become a strategic entry point into the Indian consumer electronics sector in 2025?
Recent Performance and Market Context
Havells India has demonstrated a resilient performance against a backdrop of sectoral volatility and shifting macroeconomic trends. While the stock, currently priced at ₹1,582.30 per share, is trading approximately 24.87% below its 52-week high, its one-month gain of 7.69% signals a robust recovery from lows, outperforming many sector peers in recent weeks. Despite a -4.88% decline over the last year, which contrasts with the broader market’s uptrend, Havells’ medium-term correction appears to have set an attractive base for accumulation as underlying fundamentals remain strong.
The Q4 FY2025 results provided further encouragement:
- Revenue up 20.24% YoY to ₹6,543.56 crore.
- EBITDA margin steady at 11.6%.
- Net profit surged 15.92% YoY to ₹518 crore.
These numbers were driven by stellar performances in the cables segment (+21% YoY) and a remarkable 39% YoY jump in the Lloyd consumer business. The company’s strong business momentum reflects resilience despite persistent input cost pressures and transient demand cyclicality.
At the macro level, broad-based economic growth, the government’s continued push for domestic manufacturing (“Make in India”), and rising consumer spending bode well for the sector. India’s electrification drive, housing expansion, and rapid urbanization together foster a fertile landscape for long-term demand in electrical goods and appliances. Havells, with its established leadership in the FMEG domain, appears strategically positioned to capture this multiyear opportunity.
Technical Analysis
A nuanced reading of Havells India's technical signals further bolsters the case for renewed optimism. The stock is currently trading above the 20-, 50-, and 100-day EMAs and SMAs, indicating strong short-term and medium-term momentum. Specifically, the share’s close above the 20-day EMA (₹1,574.16) and 50-day EMA (₹1,553.96) points toward emerging upward traction, although it remains marginally below the 200-day moving averages—often a precursor to bullish “mean reversion” moves if momentum persists.
Key technical readings include:
- RSI (14) at 53.13: In neutral territory, leaving room for an upmove before the onset of overbought conditions.
- MACD (23.6) above center line: Momentum remains positive, with crossover potential.
- Stochastic RSI at 27.0: Approaching oversold territory, typically a level where trend reversals are likely.
- Bullish candlestick patterns: Appearance of Harami Uptrend and Inside Uptrend patterns suggest investor accumulation at current levels.
Crucially, support at ₹1,533–₹1,550 has been tested and held on recent pullbacks, affirming a solid base. The next technical inflection could be a breakout above immediate resistance at ₹1,589.93, potentially targeting the ₹1,612 and ₹1,629 levels as secondary upside markers.
In aggregate, the technical structure indicates that Havells may be entering a new bullish phase, with limited downside toward ₹1,510 and the prospect of a meaningful rally if broader market sentiment remains positive.
Fundamental Analysis
Beneath the surface, Havells India’s fundamentals appear both dynamic and resilient, justifying renewed investor interest despite the stock’s premium valuation. The fiscal Q4 numbers stand out for both breadth and quality:
- Robust double-digit revenue growth (+20.24% YoY), powered by cables, electrical consumer durables, and a resurgent Lloyd unit.
- Healthy earnings progression, with EPS of ₹23.48 (+15.79% YoY).
- Sustained margins, demonstrating pricing discipline and operating leverage.
The company’s 67.39 trailing P/E ratio, while elevated, remains below the sector average (71.61), underscoring its premium positioning while reflecting investor confidence in Havells’ ability to deliver high-quality growth. The price-to-book ratio (12.73) and dividend yield (0.63%) signal a growth-oriented profile with established shareholder return mechanisms.
Strategically, Havells’ fundamentals rest on:
- A debt-free balance sheet—rare among peers—providing ample room for future expansion or return of capital.
- A powerful brand portfolio led by Havells, Lloyd, Crabtree, and Standard, enabling pricing power and category leadership.
- Industry-leading distribution, with more than 600 Galaxy stores, ensuring deep market penetration and brand proximity.
- Product innovation and portfolio expansion, especially in premium consumer durables and the Lloyd brand, driving incremental growth.
- Diversification across segments, balancing cyclical risks and capturing multiple consumption drivers.
Havells India’s combination of scale, efficiency, and innovation continue to set it apart as an industry bellwether, reinforcing the view that its current valuation, although rich, is well anchored by above-market growth and disciplined execution.
Volume and Liquidity
A closer examination of Havells India’s market liquidity underlines continued institutional interest. With an average daily volume of 765,753 shares and a strong delivery percentage (54.99% daily, 57.49% weekly), the stock demonstrates both deep liquidity and stable, long-term investor engagement—conditions often associated with valuation resilience and dynamic upside re-rating.
Moreover, a substantial free float (with promoters holding 59.41%) ensures a healthy balance of stability and liquidity, which is commonly found in high-quality, large-cap Indian equities favored by mutual funds and foreign investors.
The current volume and delivery mix suggest that market participants maintain a high degree of confidence in the name, providing the technical and fundamental basis for re-rating opportunities as business catalysts materialize.
Catalysts and Positive Outlook
What sets Havells India apart at this juncture are several forward-looking growth catalysts with the potential to power the next phase of outperformance:
- Product Innovation & Premiumization: Continued expansion in premium categories, as seen in the Lloyd segment and advanced switchgear launches, should further boost margin profile and market share.
- ESG and “Make in India” Initiatives: Regulatory and policy tailwinds, including PLI schemes and increased localization, are enhancing operational efficiency while aligning with government priorities—key enablers for long-term sustainable growth.
- Distribution Deepening: Ongoing investments in network expansion (both physical and digital) are expected to intensify reach in Tier 2 and 3 cities, supporting secular demand.
- Digital Transformation: Acceleration in omnichannel strategies, supply chain digitization, and IoT-linked product offerings are likely to differentiate Havells as an innovation-driven leader among Indian FMEG names.
- Favorable Demographics: India’s expanding middle class, housing boom, and urbanization trends will continue to support elevated demand for consumer durables and high-quality electricals.
- Sector Consolidation: Potential for strategic partnerships or acquisitions—given a debt-free status—could unlock new growth vectors both domestically and abroad, while enhancing the company’s competitive moat.
Each of these catalysts aligns with prevailing themes in the Indian equities market: premiumization, innovation, sustainability, and scale. As these drivers gain steam, Havells India’s outlook appears primed for a new phase of value creation.
Investment Strategies
Given the confluence of technical, fundamental, and macroeconomic positives, Havells India appears attractively poised for multiple investment horizons:
- Short-term: Recent formation of bullish candlestick patterns and sustained support at the ₹1,550 level suggest a favorable entry for tactical traders, especially with momentum building toward the resistance cluster near ₹1,590–₹1,630.
- Medium-term: Stable institutional holding, persistent business momentum in key segments, and visible catalysts (such as the upcoming ex-dividend date and new product launches) are likely to underpin a rebound toward the stock’s 200-day moving averages and beyond.
- Long-term: For investors seeking compounding opportunities, Havells’ robust balance sheet, innovation depth, and sector positioning combine to create a compelling, time-tested case for wealth creation anchored in India’s consumption and infrastructure themes.
Given that the stock is currently well off its 52-week highs and has essentially consolidated post-correction, the risk-reward profile seems tilted in favor of accumulation—especially ahead of potential medium-term catalysts such as product rollouts, policy boosts, or a sectoral re-rating.
Is it the Right Time to Buy Havells India?
In summary, Havells India’s compelling mix of resilient growth, strong technical support, institutional confidence, and well-telegraphed catalysts make it an attractive candidate for new capital allocation. While valuation remains elevated, it is well-supported by the company’s sector leadership, consistent earnings delivery, and untapped strategic levers.
The fundamentals justify renewed interest, especially as Havells leverages both consumption and infrastructure tailwinds in a high-growth domestic market. Technically, the stock may be entering a new bullish phase, with the latest support levels having held firm and momentum indicators signaling potential upward inflection.
As a result, Havells India seems to represent an excellent opportunity for investors seeking exposure to quality growth in the Indian consumer electricals space—with both the business model and market dynamics favorably aligned for long-term value creation.
For those looking to capitalize on the next growth cycle in Indian consumption-led equities, Havells India offers a rare blend of brand strength, leadership, and innovation, making it a stock to watch very closely as we move deeper into 2025.
How to buy Havells India stock in India?
Buying Havells India stock online is straightforward and highly secure when using a regulated Indian broker. Thanks to modern digital platforms and strict SEBI oversight, investors can access Havells India shares from their computer or smartphone with full transparency and safety. There are two main approaches: cash (spot) buying, where you own the shares outright, and trading via CFDs (Contracts for Difference), which lets you profit from price movements without actual ownership. Both methods offer unique benefits for Indian retail investors. For a detailed broker comparison to help you choose the right platform, see the section further down this page.
Cash Buying
A cash purchase means you buy Havells India shares directly on the National Stock Exchange (NSE), becoming the rightful owner of the shares in your demat account. This method suits investors seeking long-term growth, dividend income, and the potential for capital appreciation. Brokers typically charge a fixed commission or a small percentage per transaction—fees are often as low as ₹20–₹25 per order, plus statutory taxes.
Important example
Example:
If the Havells India share price is ₹1,582.30, you can buy around 63 shares with a ₹100,000 stake (approximately $1,200 USD), including a brokerage fee of about ₹400 (around $5 USD).
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth ₹110,000.
Result: +₹10,000 gross gain, i.e., +10% on your investment.
Trading via CFD
CFD trading on Havells India shares allows you to speculate on the stock’s price movements without owning the underlying shares. This is suitable for short-term traders who want to benefit from price rises or falls, often using leverage to amplify potential returns. CFD providers typically charge via the spread (difference between buy/sell prices), and overnight positions incur a daily financing fee.
Important example
Example:
With a ₹100,000 stake (about $1,200), you open a CFD position on Havells India shares using 5× leverage. This means you control a notional position of ₹500,000.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +₹40,000 gain on a ₹100,000 stake (excluding fees).
Final Advice
Before investing, it’s crucial to compare brokers’ fees, available features, and customer support to find the solution that fits your needs. The choice between cash buying and CFD trading depends on your investment horizon, risk appetite, and financial goals. For your convenience, a comprehensive broker comparison is available further down this page to help you make an informed, confident decision.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying Havells India stock
| Step | Specific tip for Havells India |
|---|---|
| Analyze the market | Examine Havells India’s recent growth in cables and Lloyd consumer segments and consider how government policies supporting domestic manufacturing can further benefit the stock. |
| Choose the right trading platform | Opt for a SEBI-registered broker with user-friendly interfaces and competitive fees to trade Havells India shares securely on NSE in Indian Rupees. |
| Define your investment budget | Set a clear budget based on your risk tolerance, keeping in mind Havells India’s high valuation and recent underperformance, and diversify with other leading Indian stocks. |
| Choose a strategy (short or long term) | Consider a long-term strategy to benefit from Havells India’s strong brand portfolio, steady dividend history, and ongoing expansion in the consumer durables market. |
| Monitor news and financial results | Stay updated on Havells India’s quarterly earnings, dividend announcements, product launches, and government initiatives that could impact its future growth and sector leadership. |
| Use risk management tools | Employ stop-loss orders near key support levels (e.g., ₹1,550) to protect your investment, especially since Havells is currently trading below the 200-day moving averages. |
| Sell at the right time | Plan to book profits gradually on rallies or if the share approaches resistance zones (around ₹1,590-₹1,630), or before major events that could trigger short-term volatility. |
The latest news about Havells India
Havells India posted robust Q4 FY2025 results, with revenue and net profit showing double-digit year-on-year growth. In its latest quarterly report, the company recorded a revenue rise of 20.24% year-on-year to ₹6,543.56 crore and net profit up by 15.92% to ₹518 crore, reflecting strong demand for electrical goods in India. These gains were driven by outstanding performance in key segments such as cables (up 21% YoY) and Lloyd consumer products (up 39% YoY), demonstrating the company’s ability to capture a larger share within the fast-moving electrical goods market. The stable EBITDA margin at 11.6% also indicates operational discipline, supporting overall financial health.
Havells India announced a final dividend of ₹6 per share, bringing total FY 2024-25 dividend to ₹10 per share. This dividend declaration highlights the company's ongoing commitment to shareholder wealth creation and signals underlying confidence in the sustainability of its earnings. Scheduled for an ex-dividend date of May 22, 2025, this payout enhances Havells’ appeal among income-focused investors within India’s market, especially as it complements consistent interim payouts. Dividend yields, while modest at 0.63%, have been steady despite market pressures, further underlining the company’s reliable cash flows and prudent capital allocation.
Technical indicators reveal Havells is gaining short-term momentum, trading above key short- and medium-term moving averages. Currently, the share price is positioned above its 20-, 50-, and 100-day EMAs and SMAs, supported by bullish candlestick patterns and positive price action over the last month (+7.69%). These signals are reinforced by a neutral RSI (53.13) and an emerging oversold condition in Stochastic RSI, suggesting that while medium-term weakness persists (with price still below the 200-day averages), recent upward momentum and improved trading volumes point to a potential base for a sustained recovery, particularly if operational performance continues to surprise positively.
Havells India's shareholding structure remains robust, with stable promoter and institutional holdings reflecting sustained confidence from core stakeholders. The latest shareholding pattern (March 2025) shows promoters holding steady at 59.41%, and foreign portfolio investors maintaining a substantial 22.31% stake. Mutual funds and insurance companies together own nearly 11%, reinforcing strong institutional faith in Havells’ fundamentals even amid past relative stock underperformance. This stability provides a reassuring backdrop for existing and prospective investors, as it signals enduring alignment of interests and reduced volatility from abrupt changes in core ownership.
The company continues to benefit from favourable domestic macro trends and policy initiatives supporting the electrical sector in India. Growth in premium consumer durables and continued expansion of its domestic manufacturing footprint have positioned Havells to capitalize on 'Make in India' and infrastructure push policies. The government’s emphasis on electrification, housing, and "Aatmanirbhar Bharat" initiatives is supporting steady category growth, particularly in organized sectors where Havells enjoys brand and distribution superiority. These structural drivers, coupled with the company's diversified product pipeline and recent moves into higher-growth segments, present promising prospects for sustained revenues and margin resilience over ensuing quarters.
FAQ
What is the latest dividend for Havells India stock?
Havells India continues to pay consistent dividends. For FY 2024-25, the latest declared final dividend is ₹6 per share, with an interim dividend of ₹4 already paid, making the total annual dividend ₹10 per share. The ex-dividend date is May 22, 2025. The company’s dividend yield currently stands at 0.63%, reflecting its track record of steady payouts and financial stability.
What is the forecast for Havells India stock in 2025, 2026, and 2027?
Based on the current share price of ₹1,582.30, the projected prices are approximately ₹2,057 for the end of 2025, ₹2,373 for 2026, and ₹3,165 for 2027. These optimistic forecasts are supported by Havells India’s robust growth in key business segments, strong brand presence, and its proactive expansion into premium consumer durables, which could drive future upside.
Should I sell my Havells India shares?
Given Havells India’s strategic resilience, strong brand recognition, and history of profitable growth, holding onto your shares may be a prudent choice for long-term investors. Despite short-term underperformance and a relatively high valuation, the company’s debt-free status, expanding product lines, and leadership in the electrical goods sector support its mid- to long-term growth potential. Many investors may find current fundamentals attractive for continued participation.
How are dividends and capital gains from Havells India shares taxed in India?
Dividends received from Havells India are taxable in your hands at your applicable income tax slab rate. For capital gains, shares held less than 12 months are taxed at 15%, while gains exceeding ₹1 lakh from shares held over 12 months are taxed at 10% (without indexation). There is no additional withholding tax on dividends for resident individuals, making post-tax returns straightforward to calculate.
What is the latest dividend for Havells India stock?
Havells India continues to pay consistent dividends. For FY 2024-25, the latest declared final dividend is ₹6 per share, with an interim dividend of ₹4 already paid, making the total annual dividend ₹10 per share. The ex-dividend date is May 22, 2025. The company’s dividend yield currently stands at 0.63%, reflecting its track record of steady payouts and financial stability.
What is the forecast for Havells India stock in 2025, 2026, and 2027?
Based on the current share price of ₹1,582.30, the projected prices are approximately ₹2,057 for the end of 2025, ₹2,373 for 2026, and ₹3,165 for 2027. These optimistic forecasts are supported by Havells India’s robust growth in key business segments, strong brand presence, and its proactive expansion into premium consumer durables, which could drive future upside.
Should I sell my Havells India shares?
Given Havells India’s strategic resilience, strong brand recognition, and history of profitable growth, holding onto your shares may be a prudent choice for long-term investors. Despite short-term underperformance and a relatively high valuation, the company’s debt-free status, expanding product lines, and leadership in the electrical goods sector support its mid- to long-term growth potential. Many investors may find current fundamentals attractive for continued participation.
How are dividends and capital gains from Havells India shares taxed in India?
Dividends received from Havells India are taxable in your hands at your applicable income tax slab rate. For capital gains, shares held less than 12 months are taxed at 15%, while gains exceeding ₹1 lakh from shares held over 12 months are taxed at 10% (without indexation). There is no additional withholding tax on dividends for resident individuals, making post-tax returns straightforward to calculate.
