Jaideep Goswami, Head of Equity at ICICI Securities told CNBC-TV18, "We have a target price of Rs 750 on Havells India. The company is continuously investing in brand building. We like the business franchise, they have been very good in channel financing."
He further added, "Shree Cement is not particularly cheap, but the company is planning doubling of its capacity over next few years. So it will become a very strong PAN India player from a regional player. We think Shree Cement has a significant upside. We take a slightly longer-term view."
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