Edelweiss' is bullish on Havells India has recommended buy rating on the stock with a target price of Rs 564 in its research report dated July 19, 2017.
ICICI Direct recommended buy rating on Havells India with a target price of Rs 540 in its research report dated July 20, 2017.
Havells India posted disappointing numbers for Q1FY18. The operational front performance was weak. “This was a special quarter because of the transition of value added tax (VAT) regime to the goods and services tax (GST) regime. Things should come back to normal in the coming quarters,” Anil Rai Gupta, CMD of Havells India told CNBC-TV18.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Havells India.
Sandeep Wagle of powermywealth.com is of the view that one may hold Havells India.
The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Century Textiles and sell Havells India.
Bajaj Finserv, Havells India, Indiabulls Housing Finance are on the radar of Religare Securities
Prakash Gaba of prakashgaba.com suggests holding Hindustan Zinc while he feels that support for Havells India is placed at Rs 425.
A fall below 9,460 would result in a downside shift in the orbit. So, traders shouldn't get carried away with short-term rallies.
Sandeep Wagle of powermywealth.com recommends buying Vedanta and advises selling Havells India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Havells India and Tata Motors DVR and buy Chambal Fertiliser.
Ashwani Gujral of ashwanigujral.com is of the view that aviation may hit new highs and prefers Axis Bank from the banking space.
Citi has maintained neutral rating on Havells, given rich multiples, still tepid demand environment, and increasing competitive intensity.
After the launch of GST, the next big trigger which will be tracked by market participants will be June quarter results from India Inc. which most experts think could be muted especially for FMCG and auto stocks amid implementation of GST.
Commercial paper is an unsecured money market instrument issued in the form of a promissory note by corporates.
Ashwani Gujral of ashwanigujral.com suggests selling Idea Cellular and Havells India.
In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the goods and services tax (GST) and latest happenings in the company.
In an interview to CNBC-TV18, Pramod Gubbi, Head of Equities at Ambit Capital spoke about Ambit India Access Conference, overall market mood and specific stocks.
The narrow range index movement of last one week hints at the criticality of a stock specific approach given that Nifty has not witnessed a broad-based rally.
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities suggests buying Havells India, Infosys and Dewan Housing Finance.
Havells India, Infosys, DHFL are on the radar of Motilal Oswal Securities
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Havells India and HDFC Bank and sell Jindal Steel & Power.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra CIE and Havells India and sell CESC.
According to Sandeep Wagle of powermywealth.com, one can buy Escorts and Havells India.