BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA initiates Havells India with sell
Stock looks expensive at current valuation. Incremental market share gain will be difficult for the company. Rising competition will impact growth. Peak margins behind us.