12,080.85-45.05
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Havells India, target Rs 782: Kunal Bothra

Buy Havells India Ltd. at a price target of Rs 782.0 and a stoploss at Rs 750 from entry point.

ETMarkets.com|
Last Updated: Apr 23, 2019, 08.51 AM IST
0Comments
ThinkStock Photos
Buy-sale4
Independent analyst Kunal Bothra has a buy call on Havells India Ltd. with a target price of Rs 782. The current market price of Havells India Ltd. is Rs 762.2. Time period given by the analyst is Intra Day when Havells India Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 750. Havells India Ltd., incorporated in 1983, is a largecap company with a market cap of Rs 47673.55 crore.

Havells India Ltd. key Products/Revenue Segments include Cables which contributed Rs 2683.41 Crore to Sales Value (32.48 % of Total Sales), Electrical Consumer Durables which contributed Rs 1569.57 Crore to Sales Value (19.00 % of Total Sales), Domestic Switchgears which contributed Rs 1424.45 Crore to Sales Value (17.24 % of Total Sales), Others which contributed Rs 1414.14 Crore to Sales Value (17.11 % of Total Sales), Light Fittings & Fixture which contributed Rs 1168.70 Crore to Sales Value (14.14 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 2518.43 Crore, up 14.94 % from last quarter Sales of Rs 2190.99 Crore and up 28.11 % from last year same quarter Sales of Rs 1965.77 Crore Company has reported net profit after tax of Rs 195.67 Crore in latest quarter. 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.Upendra Kumar Sinha, Mr.Vellayan Subbiah, Mr.Vijay Kumar Chopra, Mrs.Pratima Ram. Company has S R Batliboi & Co. LLP as its auditoRs As on 31-03-2019, the company has a total of 625,472,910 shares outstanding.

Also Read

Kunal Bothra’s top stock picks for the week ahead

Buy Biocon, price target Rs 325: Kunal Bothra

Buy Birlasoft, price target Rs 110: Kunal Bothra

Buy Ujjivan Financial Services, price target Rs 400: Kunal Bothra

Buy Voltas, price target Rs 755: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service