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Buy Havells India, target Rs 600: Dr CK Narayan

Buy Havells India Ltd. at a price target of Rs 600.0 and a stop loss at Rs 575 from entry point.

Last Updated: Jan 24, 2018, 08.57 AM IST
Dr CK Narayan of Chart Advise has a buy call on Havells India with a target price of Rs 600.

The current market price of Havells India is Rs 583.25.

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

Dr CK Narayan recommended to keep a stop loss at Rs 575.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 36,461.78 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.Vellayan Subbiah, Mr.Vijay Kumar Chopra, Mrs.Pratima Ram.

Company has V R Bansal & Associates as its auditors.

As on 31-12-2017, the company has a total of 625,148,473 shares outstanding.

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