New Delhi, April 23 -- Havells India share price today: Havells India, one of the country's leading Fast-Moving Electrical Goods (FMEG) companies, saw its share price tumble 5% in Wednesday's trade, April 23, to an intraday low of Rs.1,583.40 apiece.

Despite the company's Q4 and FY25 performance exceeding Street estimates, cautious commentary from the management dampened investor sentiment. The company stated that demand for cooling products such as air conditioners (ACs) is expected to be weak in the ongoing quarter due to a mild start to summer, particularly in the South.

This outlook prompted brokerage firms to trim their EPS estimates and accordingly lower their target prices. Domestic brokerage firm Kotak Institutional Equities red...