Item: Honeywell Automation India Ltd.
Rating: 5
Author: Sharekhan

Date	Stock	Broker	Price at Reco.	Target	Price at reco Change since reco(%)	Upside(%)	Type	Discuss
2020-12-29	Honeywell Automation.. +	Sharekhan	36986.85	44312.00	36986.85 (4.18%)	15.00	Buy	Broker Report Honeywell Autom Sharekhan We maintain a Buy rating on Honeywell Automation India with a revised price target of Rs. 44,312, rolling forward our valuation multiple to FY2023E. Management expects FY2021 performance to be better than FY2020, backed by execution capabilities and growing demand for industrial automation and software solutions. Company likely to benefit from domestic growth, driven by rising technological capabilities... Share Share on Share on Share on Share on Like Comment
2020-11-10	Honeywell Automation.. +	Yes Securities	29063.50	36310.00	29063.50 (32.58%)	Target met	Buy	Broker Report Honeywell Autom Yes Securities est.). However, lower tax expenses (19% yoy) negated the impactofdecreaseinotherincomepartially.Taxratestoodat 25.7% vs 27.8% in Q2FY20. PAT marginal beat (+4% vs our... Share Share on Share on Share on Share on Like Comment
2012-12-14	Honeywell Automation.. +	Nirmal Bang	2673.70		2673.70 (1341.15%)			Broker Report Honeywell Automation - Offer For Sale Nirmal Bang Honeywell Automation India Ltd (HAIL) has 81% of its stake held by the promoters implying 19% public share holding. Promoter has announced to reduce their stake through an offer for sale' (OFS) to comply with minimum 25%... Share Share on Share on Share on Share on Like Comment