Havells India can touch Rs 400: Chandan Tapadia

Havells India can touch Rs 400, says Chandan Tapadia of Anand Rathi Securities.

Tapadia told CNBC-Awaaz, "We are looking profit booking in Havells India at the level of Rs 374-375. If the stock remains at the level of Rs 375 then one can buy it with a stoploss of Rs 370. It can touch Rs 400 in future."
The company's trailing 12-month (TTM) EPS was at Rs 19.73 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 19.16. The latest book value of the company is Rs 107.46 per share. At current value, the price-to-book value of the company was 3.52. The dividend yield of the company was 0.66%.