BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA Maintains Buy on Havells
CLSA has maintained its 'buy' call on Havells for target price of Rs 340 per share. CLSA says that the recent correction in Havells gives an attractive entry point. CLSA adds that H2FY16 sales and earnings could benefit from last year's very weak base and valuations look attractive at a PE of 22x FY17.