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 has maintained "overweight" rating on Havells India for a target price of Rs 391. The brokerage has cut FY17 earnings estimates of the company by 12 per cent to factor potential impact of demonetisation. However, it still sees 18 per cent earnings CARG for FY2017-19.