Buy Havells India, target Rs 388 : Geojit BNP Paribas Financial Services
Buy Havells India Ltd. at a price target of Rs 388. Given the long-term benefit of shift from unorganised to organised segment, the future prospects are positive.
By ET Bureau | Updated:
Geojit BNP Paribas Financial Services has Buy call on Havells India Ltd. with a target price of Rs 388 .The current market price of Havells India Ltd. is 328 Time period given by analyst is year when Havells India Ltd. price can reach defined target.
Havells is a leading player in electrical consumer goods with key verticals include switchgears, cables & wires, lighting fixtures and consumer appliances. Though the current liquidity crunch is expected to impact the company's consumer durables segment in H2FY17, but given the long-term benefit of shift from unorganised to organised segment, the future prospects are positive.
Havells is a leading player in electrical consumer goods with key verticals include switchgears, cables & wires, lighting fixtures and consumer appliances. Though the current liquidity crunch is expected to impact the company's consumer durables segment in H2FY17, but given the long-term benefit of shift from unorganised to organised segment, the future prospects are positive.
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