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  • Havells to sell remaining 20% in Sylvania, exit global market

    Havells Holding Ltd (HHL), a subsidiary of Havells, would transfer the remaining 20 per cent stake in Fielo Malta Ltd (earlier Havells Malta Ltd) to Shanghai-based Feilo Acoustics.

  • COMMENT: Havells, please note saara shehar Lloyd ka naam nahi jaanta

    It didn‘t take too long for Havells India Ltd to be back on the inorganic route. So what if the 2007 acquisition of Sylvania didn‘t work exactly as planned?

  • Competition to make it tough for Havells to gain mkt share: CLSA

    The brokerage firm also flags two key worries: disruption from state-owned EESL and share of unorganised sector which has been going down in most segments.

  • Havells falls 3%; Q3 miss may trigger earnings downgrades

    JP Morgan has an overweight rating with a target price of Rs 320 per share. The brokerage says Havells' valuations are now at a discount to other building product peers, which is not warranted, given its strong brand, diversified portfolio and extensive distribution network.

  • Havells India Q3 profit seen down 1.1% at Rs 120 cr: Poll

    Havells India's third quarter standalone profit after tax is expected to decline 1.1 percent year-on-year to Rs 120 crore, according to the average of estimates of analysts polled by CNBC-TV18.

  • Havells India eyes 13-13.5% EBITDA margins in FY15

    Anil Rai Gupta of Havells India is confident that the overall growth in FY15 will be better than FY14 and is hopeful of achieving 13-13.5% EBITDA margins for the domestic market and 5-5.5% for international markets in FY15.

  • Havells falls 7% on UBS downgrade, valuations expensive

    The brokerage cut FY15 revenue growth guidance to around 12-14 percent from 17-20 percent earlier on weaker than expected demand recovery, after having a meeting with the company's management for getting business outlook.

  • Expect margins to rise to 13% in FY15: Havells

    Anil Rai Gupta, Joint Managing Director, Havells India, believes the Indian economy is bottoming out and a turnaround in sentiment should increase demand for its products.

  • Havells ups full-year growth guidance to 12% from 9-10%

    Anil Rai Gupta, Joint MD, Havells India expects to achieve around 12 percent overall growth for the entire year, higher than 9-10 percent guided earlier. He is hopeful that for the entire year overall margins would be at about 13.5-14 percent.

  • Expect improvement in Sylvania's margins this year: Havells

    Things have improved in Europe, but the problems still exist. In an interview to CNBC-TV18 Anil Gupta, joint managing director of Havells India says Europe remains sluggish, but other markets are holding up. "Our market share has improved in Europe," he asserts.

  • Havells India in JV with Shanghai Yaming Lighting Co

    Electrical appliances major Havells India has entered into a 50:50 joint venture with Shanghai Yaming Lighting Co to focus on launching energy efficient lighting solutions and lighting fixtures.

  • Sylvania margins to go up from current level of 8%: Havells

    Havells posted a good set of second quarter FY12 numbers. Joint managing director Anil Gupta informed that the sales growth was driven by volume growth. He committed to deliver 8% margins for Sylvania. He stated that the company will focus on profitability in Europe and growth in Latin America and India.

  • Emkay's top midcap picks: Havells India, Kajaria Ceramics

    Ajay Parmar of Emkay Global Financial Services is bullish on Havells India and Kajaria Ceramics from the midcap space.

  • Havells sets plans for China, sees domestic growth at 25%

    On the back of the strong numbers in the quarter, the company’s joint managing director Anil Gupta says that the company is initiating “new plans in areas like China and a renewed effort in the US markets with the Havells brand growth.”

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