Havells India Shares Drop 7% on Missed Q3 Estimates; Aarti Surfactants, Tips Music Soar

• Havells India shares fell over 7% after its Q3 FY26 profit of Rs 301.36 crore missed estimates, despite a 7% YoY rise.
• The company's revenue from operations increased over 14% YoY to Rs 5,573.44 crore, and an interim dividend of Rs 4 per share was announced.
• Brokerages like Motilal Oswal, JM Financial, Nomura, and Jefferies offered varied ratings and target prices for Havells, citing margin pressures and growth factors.
• Aarti Surfactants shares surged 20% to hit the upper circuit after its Q3 FY26 net profit jumped 358% YoY to Rs 3.66 crore.
• Tips Music shares rose over 3% as its Q3 FY26 net profit increased nearly 37% YoY to Rs 58.66 crore.

Why It Matters: Havells India's Q3 profit miss led to a stock drop, while Aarti Surfactants and Tips Music saw significant gains.