Buy Havells, target Rs 570: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Havells India with a target price of Rs 570.

The current market price of Havells India is Rs 548.65.

Time period given by the analyst is Intra Day when Havells India price can reach defined target.


Manas Jaiswal recommended keeping a stop loss at Rs 538.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 34,298.77 Crore) operating in Electric Equipment sector.

The company’s top management includes Dr.Adarsh Kishore, Mr.Ameet Kumar Gupta, Mr.Anil Rai Gupta, Mr.Jalaj Ashwin Dani, Mr.Puneet Bhatia, Mr.Rajesh Kumar Gupta, Mr.Surender Kumar Tuteja, Mr.Surjit Kumar Gupta, Mr.T V Mohandas Pai, Mr.U K Sinha, Mr.Vellayan Subbiah, Mr.Vijay Kumar Chopra, Mrs.Pratima Ram.

The company has V R Bansal & Associates as its auditors.

As on 31-03-2018, the company has a total of 625,148,473 shares outstanding.