BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Medium (6M)
HDFC Securities Recommends 'Neutral' On Havells India
According to HDFC Securities, Havells India's future outlook looks bright with the private capex cycle expected to turn. Muted growth for the RAC (residential air conditioner) industry in FY19 has impacted Lloyd's performance but FY20 and beyond looks promising considering its presence in underpenetrated categories, the brokerage adds.