
Havells investors to monitor valuations, Lloyd turnaround closely
Source: Live Mint Shares of Havells India Ltd have fallen 6% after the company’s lacklustre September quarter (Q2FY25) results, weighed down by rising costs in raw materials, staffing, and advertising & promotion (A&P). The company, which reported earnings announced last week, saw its revenue grow 16.5% year-on-year. Ebitda growth, however, remained under 2%, prompting analysts…