Havells India (CMP: Rs 725; Market cap.: 45,389 crores) returned to sales growth in the September quarter and delivered a solid performance across all its business verticals. The management expects the recovery to continue into H2 FY21 on the back of a pick-up in consumer sentiment, further supported by the monetary and the fiscal policy measures taken by the government. Key result highlights After a tumultuous last couple of quarters, Havells returned to a more stable footing with revenues growing 10 per cent...
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