BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley overweight on Havells India
Morgan Stanley increases target price on Havells India to Rs 390 from RSs 341 earlier. Strategy of increasing dealer reach will pay off. Stock re-rating to continue from here on. Improving macro climate important for revenue momentum. Robust balance sheet would drive strong earnings.