NSE: HAVELLS | BSE: 517354

Falling Comet

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1533.50 15.20 (1.00%)

27.18% Fall from 52W High

1.0M NSE+BSE Volume

NSE 20 Jun, 2025 3:31 PM (IST)

96,141.5

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

Havells India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HAVELLS, BSE:517354 Havells India Ltd.

Havells India Ltd.

22 Jan 2025

1533.50

1.00%

HAVELLS INDIA LTD.

Sell: Havells India Ltd.

Ventura

High valuation unwarranted in competitive FMEG market

Number of FII/FPI investors decreased from 921 to 866 in Mar 2025 qtr

Havells India Ltd.

18 Jan 2025

1533.50

1.00%

Feeble Q3 performance, but on the right track; maintaining a Buy

Buy: Havells India Ltd.

Target

Anand Rathi

Fluctuating commodity prices dented domestic wire growth, resulting in overall moderated Q3 revenue growth for Havells. The festival season, though, saw improved demand. Investments in brand-building and talent were elevated in Q3, but are likely to stabilise; thus, better margins are
expected ahead with growth coming in.

Number of FII/FPI investors decreased from 921 to 866 in Mar 2025 qtr

Havells India Ltd.

17 Jan 2025

1533.50

1.00%

Healthy revenue growth; margin a bit lower

Neutral: Havells India Ltd.

Target

Motilal Oswal

Havells India (HAVL)’s 3QFY25 revenue grew 11% YoY to INR49b (in line) as better-than-expected growth in the ECD/Switchgear segments was offset by lower revenue from the C&W segment

Havells India Ltd. is trading below all available SMAs

Havells India Ltd.

19 Nov 2024

1533.50

1.00%

HAVELLS INDIA LTD

Buy: Havells India Ltd.

Recommendation Target

Geojit BNP Paribas

Havells India Ltd. has an average target of 1724.75 from 8 brokers.

Havells India Ltd.

20 Oct 2024, 12:00AM

1533.50

1.00%

HAVELLS INDIA LTD

Accumulate: Havells India Ltd.

Target

Prabhudas Lilladhar

Havells India Ltd. has an average target of 1724.75 from 8 brokers.

Havells India Ltd.

20 Oct 2024, 12:00AM

1533.50

1.00%

Margins expected to recover in H2; maintaining a Buy

Buy: Havells India Ltd.

Target

Anand Rathi

Improved demand drove Havells’ revenue to grow 16% y/y, but margins dragged the Q2 performance. Supported by festival season offtake, we remain optimistic regarding H2 and expect margins to recover.

Havells India Ltd. is trading below all available SMAs

Havells India Ltd.

18 Oct 2024

1533.50

1.00%

Core margin disappoints; loss of Lloyd narrows

Neutral: Havells India Ltd.

Target

Motilal Oswal

Havells India (HAVL) reported weak 2Q results with 3-5pp margin miss across segments as segmental margins contracted 2-6pp YoY (excluding Lloyd where loss narrowed YoY).

Havells India Ltd. is trading below all available SMAs

Havells India Ltd.

18 Oct 2024

1533.50

1.00%

Strong B2C growth; Rural off-take and margin revival likely in H2FY25

Buy: Havells India Ltd.

Target

ICICI Securities Limited

Havells reported strong performance in B2C segment with 20% revenue growth YoY. Broad-based growth across segments led to strong revenues but higher operational costs weighed on margins.