Honeywell Automation India Share Price Falls 2.20% Amid Elevated Valuation

Honeywell Automation India's share price dropped by 2.20% to Rs 34,300.05 on September 9, 2026, following a decline in its market capitalisation to Rs 31,009.08 crore.

The company, which operates in the Consumer Durables - Electronics industry, saw its stock open at Rs 35,247.45 and move lower to an intraday low of Rs 34,300.05. Despite being below its 50-day moving average (DMA) of Rs 36,641.46, it remains marginally above its 200 DMA of Rs 34,091.64.

Honeywell Automation India's valuation multiples are not low on headline measures, with a P/E ratio of 56.27 and a P/B ratio of 6.76. Its EPS stands at Rs 623.31 and book value per share at Rs 5,191.57.