Havells India Faces Continued Stock Decline Amid Broader Market Gains

Havells India Ltd., a prominent player in the cable industry, has experienced a notable decline of 3.22% on May 8, 2025. This performance marks a continuation of a downward trend, with the stock losing 3.28% over the past two days. During today's trading session, Havells reached an intraday low of Rs 1,526.5, reflecting a drop of 3.33%.
In comparison to the broader market, Havells underperformed the Sensex, which fell by 0.51% after initially opening higher. Over the past week, Havells has seen a decline of 4.61%, while the Sensex has managed a slight gain of 0.12%. Over the last month, however, Havells has posted a positive return of 4.44%, contrasting with the Sensex's 8.23% increase.

When examining moving averages, Havells is currently above its 50-day moving average but below its 5-day, 20-day, 100-day, and 200-day moving averages. Year-to-date, the stock has declined by 8.76%, while the Sensex has gained 2.81%. Over the longer term, Havells has shown significant growth, with a 5-year performance of 213.70%, outperforming the Sensex's 153.88% during the same period.