|
09 Sep 2025 |
Havells
|
Consensus Share Price Target
|
1586.00 |
1708.32 |
- |
7.71 |
buy
|
|
|
|
|
05 Jul 2023
|
Havells
|
Keynote Capitals Ltd
|
1586.00
|
1553.00
|
1287.10
(23.22%)
|
Target met |
Buy
|
|
|
Initiating Coverage Report
|
|
08 Jun 2023
|
Havells
|
BOB Capital Markets Ltd.
|
1586.00
|
1500.00
|
1355.45
(17.01%)
|
Target met |
Buy
|
|
|
Market share growth in Lloyd, rural markets and manufacturing remain strategic focus areas
|
|
09 May 2023
|
Havells
|
ICICI Securities Limited
|
1586.00
|
1450.00
|
1257.90
(26.08%)
|
Target met |
Buy
|
|
|
Havells reported healthy 9.8% revenue growth in spite of (1) higher up-stocking of fans in trade in Q3FY23, (2) unseasonal rains and delayed summer which impacted revenues of summer products, and (3) weak consumer sentiments especially muted rural consumption.
|
|
05 May 2023
|
Havells
|
Geojit BNP Paribas
|
1586.00
|
1462.00
|
1285.80
(23.35%)
|
Target met |
Buy
|
|
|
|
|
04 May 2023
|
Havells
|
ICICI Direct
|
1586.00
|
1425.00
|
1256.10
(26.26%)
|
Target met |
Buy
|
|
|
|
|
04 May 2023
|
Havells
|
Prabhudas Lilladhar
|
1586.00
|
1447.00
|
1256.10
(26.26%)
|
Target met |
Buy
|
|
|
|
|
03 May 2023
|
Havells
|
BOB Capital Markets Ltd.
|
1586.00
|
1500.00
|
1241.30
(27.77%)
|
Target met |
Buy
|
|
|
Q4 revenue up 10% YoY to Rs 48.6bn anchored by strong switchgear sales and consistent performance in cables & wires
|
|
23 Jan 2023
|
Havells
|
Geojit BNP Paribas
|
1586.00
|
1311.00
|
1200.00
(32.17%)
|
Target met |
Buy
|
|
|
|
|
20 Jan 2023
|
Havells
|
ICICI Securities Limited
|
1586.00
|
1550.00
|
1205.45
(31.57%)
|
|
Buy
|
|
|
While B2C sales (75% of company sales ex Lloyd) were relatively muted, strong B2B revenues helped Havells report revenue growth of 12.6% YoY. The revenue growth was largely volume led.
|
|
19 Jan 2023
|
Havells
|
BOB Capital Markets Ltd.
|
1586.00
|
1500.00
|
1205.45
(31.57%)
|
|
Buy
|
|
|
Middling Q3 revenue growth of 13% YoY owing to soft B2C demand; growth led purely by volumes as no price hikes undertaken on QoQ
|