1507.4000 -32.20 (-2.09%)
NSE Sep 26, 2025 15:31 PM
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Havells India Ltd.
24 Oct 2019
1507.40
-2.09%
ICICI Securities Limited
Demand weakness continues for Lloyd and industrial products Havells witnessed sluggishness in demand of industrial products categories led by a slowdown in private capex and real estate sector. In addition to this, a sharp price erosion in the LED panel and lighting business also aided muted topline growth for the company in Q2FY20. However, the management expects a better demand scenario in H2FY20 over H1FY20 led by a revival in consumer sentiments with a recovery in demand of Lloyd's air conditioner business. Also, dealer addition in rural India coupled with...
Havells India Ltd. has an average target of 1693.00 from 7 brokers.
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