Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
669.55
Change Change %
-8.15 -1.20%

Updated:21 Nov, 2018, 13:09 PM IST

BSE
670.00
Change Change %
-7.95 -1.17%

Updated:21 Nov, 2018, 13:07 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
16-12-2015 Buy 302.25 370.00
N/A
Target Hit Custom
16-12-2016

CLSA maintains buy on Havells India

CLSA has maintained its 'buy' call on Havells India for target price of Rs 370/share. It says that proposed Sylvania stake sale is commendable and sees it as a strong positive for Havells in the long term. CLSA adds that Havells is now a pure play India business and company has a strong balance sheet and short-term cash inflow. It expects the stock to re-rate once transition is closed.

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