Havells India Ltd. share price target

Key highlights: Strong volume growth in cables coupled with firm pricing in switchgear facilitated gross margin expansion. Sales volumes were strong in both these frontline segments. However, the onset of the festive season saw ad spends being bunched in the...

Havells is selling 80% stake in its international operations, in Sylvania, to Shanghai Feilo Acoustics.ThesaleislikelytobeconcludedbytheendofFY16andshouldfetchHavells 149m(for80%),therebyvaluingthecompany'sequityinvestmentat186m.Theremaining...

HIL is one of India's largest & fastest growing electrical and power distribution equipment manufacturers with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL lamps, luminaries for domestic, commercial & industrial applications, modular switches, water heaters and domestic appliances covering the entire gamut of household electrical needs along with industry lights and cables. Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Luminance and Linolite & Standard Electrical. HIL now operates a network of 90+ branches and...

Key highlights: Strong volume growth in the cables business facilitated a gross margin expansion of 140bps yoy. Sales volumes have been strong in both frontline segments viz. cables&wireandswitchgear.Asadelayinthefestiveseasonsawadspendsbeingabsorbed...

HIL is one of India's largest & fastest growing electrical and power distribution equipment manufacturers with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL lamps, luminaries for domestic, commercial & industrial applications, modular switches, water heaters and domestic appliances covering the entire gamut of household electrical needs along with industry lights and cables. Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Luminance and Linolite & Standard Electrical. HIL now operates a network of 90+ branches and...

and the street's estimate of Rs 2bn. EBIT margins expanded for the switchgear division (+500bps yoy), but adjusting for the expenses booked for the outofcourt settlement, margins declined 270bps yoy. Lightings and durables divisions reportedmargindeclines of...

HIL is one of India's largest & fastest growing electrical and power distribution equipment manufacturers with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL lamps, luminaries for domestic, commercial & industrial applications, modular switches, water heaters and domestic appliances covering the entire gamut of household electrical needs along with industry lights and cables. Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Luminance and Linolite & Standard Electrical. HIL now operates a network of 90+ branches...

HIL is one of India's largest & fastest growing electrical and power distribution equipment manufacturers with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL lamps, luminaries for domestic, commercial & industrial applications, modular switches, water heaters and domestic appliances covering the entire gamut of household electrical needs along with industry lights and cables. Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Luminance and Linolite & Standard Electrical. HIL now operates a network of 90+ branches...

HIL is one of India's largest & fastest growing electrical and power distribution equipment manufacturers with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL lamps, luminaries for domestic, commercial & industrial applications, modular switches, water heaters and domestic appliances covering the entire gamut of household electrical needs along with industry lights and cables. Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Luminance and Linolite & Standard Electrical. HIL now operates a network of 90+ branches...