BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie upgrades Havells India to outperform
Macquarie has upgraded Havells India to "outperform" from "neutral" earlier with a target price of Rs 404. Recent correction in the stock factors in possible earnings hit in near future, the brokerage said. Its margins are to be impacted in the short term. New product introduction will be key for growth.