# Havells India share price declined about 6% by midday after hitting an intraday low near Rs 1,265.

*fintech · news · 2026-04-23 · The Financial Express*

## Key points

- Havells India's EBITDA margin contracted to 10.9% despite a 40% net profit increase.
- Jio Financial Services is launching a 50:50 insurance joint venture with Allianz Group.
- Bharat Coking Coal's net profit fell 59.1% in Q4FY26 due to lower output and margin decline.
- Tata Communications reported a 66% net profit decline despite 9.4% revenue growth in Q4FY26.
- Central Mine Planning & Design Institute's net profit dropped 32% as total expenses surged 42%.

**Companies:** Jio Financial Services, Dr. Reddy’s Laboratories, Tata Communications, Havells India, Trent, Bharat Coking Coal, Central Mine Planning & Design Institute (CMPDI)
**Countries:** India

[Read the full story on The Financial Express](https://www.financialexpress.com/market/stocks-making-the-biggest-moves-midday-trent-havells-dr-reddys-jio-financial-and-more-4215956/)

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