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HVEL – Havells India Ltd

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Recommendation Rating

2.56

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 16.93

Low: 12.85

High: 20.33

Total Analysts: 18

Company Profile

Havells India Limited is an electrical consumer goods company. The Company is engaged in manufacturing and distributing equipment for domestic, commercial, and industrial applications. The Company operates through segments such as Cable, Switchgears, Electric Consumer Durables, Lighting & Fixtures, and Lloyd Consumer. Its products range from industrial and domestic circuit protection switchgears, cables, motors, pumps, solar products, fans, power capacitors, led lamps and luminaires for domestic, commercial, and industrial applications, modular switches, water heaters, coolers, and domestic appliances, personal grooming, air purifier, water purifier, air conditioner, television, washing machine and refrigerator covering the entire range of household, commercial and industrial electrical needs. The Company’s manufacturing facilities are at Faridabad in Haryana, Alwar, Ghiloth and Neemrana in Rajasthan, Haridwar in Uttarakhand, Sahibabad in Uttar Pradesh, Baddi in Himachal Pradesh.

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