Brokerages reiterate ratings on Havells India despite appliance maker clocking over 40% profit
Here is what the brokerages make of the Havells India stock.
Global brokerage firms have reiterated their rating despite home appliance maker, Havells India's net profit rising 42 per cent at 407.51 crore during the June 2024 quarter or Q1 FY25 earnings.
Brokerages reiterate ratings on Havells India stock
Global brokerage firms have reiterated their rating despite home appliance maker, Havells India's net profit rising 42 per cent at 407.51 crore in during the June 2024 quarter or Q1 FY25 earnings.
Should you buy, sell or hold Havells India shares?
Here is what the brokerages make of Havells India.
Should you buy/sell/hold Havells shares?
Three brokerages, JPMorgan, Citi, and Nomura have maintained a 'neutral' rating on Havells India shares with targets of Rs 1,780, Rs 2,000, and Rs 1,899, respectively.
Jefferies maintains 'hold' call on Havells India stock
Jefferies has maintained a 'hold' call on the Havells stock with a target of Rs 1,880.
Brokerages positive on Havells India stock
Morgan Stanley and Macquarie are positive on home appliance makers with different ratings.
Morgan Stanley has maintained an 'overweight' rating on Havells with a target of Rs 1,826.
Macquarie, on the other side, maintained an 'outperform' rating on the stock with a target of Rs 1,501.
HSBC recommends buying Havells India shares
HSBC has maintained 'buy' call on Havells with a target of Rs 2,070.