Shares Havells India tumbled over 5 per cent on the Bombay Stock Exchange amid surge in volume trade. According to data available with exchange, as much as 215.18 lakh shares have changed hand over the counter as compared to two-week average of 1.12 lakh shares.
Weighed down by volume trade, stocks of the company declined as much 6.53 per cent to touch an intra-day low of Rs 517.00 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the firm were trading 5.04 per cent lower at Rs 525.00 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 35,907.40, down 126.33 points, or 0.35 per cent, at 12:10 hours.