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 maintains overweight on Havells India
Morgan Stanley revised target price on Havells to Rs 438 from Rs 390 earlier. Lift in earnings momentum to continue. Improving revenue growth led by macro climate. Increasing dealer reach is a medium-term positive. See 21 per cent CAGR in earnings over FY16-18.