|
10 Sep 2025 |
Havells
|
Consensus Share Price Target
|
1592.30 |
1708.32 |
- |
7.29 |
buy
|
|
|
|
|
13 Dec 2022
|
Havells
|
ICICI Securities Limited
|
1592.30
|
1550.00
|
1151.60
(38.27%)
|
|
Buy
|
|
|
Rural markets are just 5-6% of Havells Consumer sales. With improving availability of electricity, India’s rural markets offer huge growth tailwinds to Havells.
|
|
21 Oct 2022
|
Havells
|
ICICI Direct
|
1592.30
|
1565.00
|
1165.95
(36.57%)
|
|
Buy
|
|
|
|
|
20 Oct 2022
|
Havells
|
ICICI Securities Limited
|
1592.30
|
1550.00
|
1248.65
(27.52%)
|
|
Buy
|
|
|
Havells reported revenue growth of 13.6% YoY in Q2FY23, led by healthy growth across all segments.
|
|
20 Oct 2022
|
Havells
|
BOB Capital Markets Ltd.
|
1592.30
|
1500.00
|
1165.95
(36.57%)
|
|
Buy
|
|
|
Muted margins in Q2 owing to poor profitability in both ECD and cables along with wider losses at Lloyd
|
|
14 Oct 2022
|
Havells
|
ICICI Securities Limited
|
1592.30
|
1621.00
|
1230.95
(29.36%)
|
|
Buy
|
|
|
While consensus appears concerned about higher copper prices hurting earnings and stock price movement of Havells, we note there is strong positive correlation (0.8) between copper prices and revenues and EBITDA of Havells.
|
|
09 Sep 2022
|
Havells
|
ICICI Direct
|
1592.30
|
1650.00
|
1358.40
(17.22%)
|
|
Buy
|
|
|
|
|
25 Jul 2022
|
Havells
|
Geojit BNP Paribas
|
1592.30
|
1104.00
|
1249.35
(27.45%)
|
Target met |
Sell
|
|
|
|
|
22 Jul 2022
|
Havells
|
Prabhudas Lilladhar
|
1592.30
|
1251.00
|
1226.30
(29.85%)
|
Target met |
Hold
|
|
|
|
|
21 Jul 2022
|
Havells
|
BOB Capital Markets Ltd.
|
1592.30
|
1500.00
|
1226.45
(29.83%)
|
|
Buy
|
|
|
Q1 EBITDA margin hit by absence of price hikes, while falling commodity prices hurt profitability in key cables and wires segment
|
|
21 Jun 2022
|
Havells
|
ICICI Securities Limited
|
1592.30
|
1644.00
|
1071.20
(48.65%)
|
|
Buy
|
|
|
Havells has themed its annual report on its efforts to reach out to its customers across channels. It is now also investing in extending its rural presence by launching new exclusive stores. We believe distribution expansion and steady launch of new products could help the company to continue recording healthy volume growth.
|