Dealer’s name: Havells India Add
Centrum Broking Goal: ₹1,875 CMP: ₹1,768.45 Havells India’s gross sales progress was wholesome at 20 per cent y-o-y to ₹5,800 crore, 3 per cent above our estimate, largely pushed by Lloyd (+47 per cent y-o-y) and ECD (+20 per cent y-o-y led by followers and air-coolers) amid sturdy summer time season. Gross margin rose 150 … Read more