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Sell Havells India, target Rs 480: Rahul Randeria

Sell Havells India Ltd. at a price target of Rs 480.0 and a stop loss at Rs 517 from entry point.

ETMarkets.com|
Last Updated: Feb 16, 2018, 11.58 AM IST
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Rahul Randeria of IFCI Financial Services Limited has a sell call on Havells India with a target price of Rs 480.

The current market price of Havells India is Rs 501.65.

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

Rahul Randeria recommended to keep a stop loss at Rs 517.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 32,229.53 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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