Havells India stock drops to a new 52-week low after Q2 results. What’s worrying investors?

Havells India shares fell about 6% on Friday to a new 52-week low as investors weighed margin pressures from rising competition in cables and wires, continued losses at Lloyd and higher input costs, despite solid revenue growth in the September quarter (Q2FY27).Havells India shares fell about 6% on Friday to a new 52-week low as investors weighed margin pressures from rising competition in cables and wires, continued losses at Lloyd and higher input costs, despite solid revenue growth in the September quarter (Q2FY27).