Havells India Ltd shares extended losses in morning trade on Thursday. On Wednesday, the stock fell 6.9 per cent.
At 10.09 am, the stock was down 6.36 per cent or Rs 19.75 at Rs 290.85 on the BSE.
The company has cut its standalone revenue forecast to 12-14 per cent from 17-20 per cent, citing weak domestic demand, said analysts. Significant pension liabilities seen at unit Sylvania due to drop in bond yields, they added.