New Delhi, Oct. 23 -- Havells India Ltd shares fell about 6% on Friday, dropping to a new 52-week low of Rs.1,002.80 apiece, even as the company reported solid revenue growth in the September quarter (Q2FY27). Rising competition in the cables and wires segment, continued losses in the Lloyd Consumer business and inflationary pressures are key concerns for investors.

Many analysts cut their earnings estimates for FY27 and FY28 after the Q2 results. For instance, Motilal Oswal Financial Services has lowered its Ebitda estimates by about 5% and 8% for FY27 and FY28, respectively, citing continued margin pressure and higher losses in the Lloyd business.

Havells' consolidated revenue rose 34.6% year-on-year to Rs.6,432 crore in Q2FY27. Howev...