Page 6 - Havells India

Here's a Bull Spread strategy for Havells India by HDFC Securities

The primary trend of the stock is positive where the stock price is trading above its 200 day Moving average

Havells' bet on the Indian consumer fails to fire its growth engine

In FY20, firm reported its first decline in annual revenues and profits after 2 decades of uninterrupted growth; quarterly revenues declined for 3rd quarter in June

'Quality' stocks come at a premium, valuations have crossed pre-Covid level

The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion

Near-term demand uncertainty for Havells likely to weigh on sentiment

Though revenues declined 45 per cent year-on-year (YoY) to Rs 1,479 crore, there was a better-than-expected rebound in June sales, which pushed top line ahead of consensus estimate of Rs 1,302 crore

Havells India to raise Rs 500 cr through issuance of commercial paper

The company had reported a consolidated net profit of Rs 63.98 crore in the first quarter ended June 30

Havells: Near-term demand uncertainty to weigh on Street sentiment

The company said that demand markets were tepid initially because of lockdowns, but picked momentum in the later half of May.

Recovery in crucial urban market will take longer: Havells India CMD

Anil Rai Gupta says how managing costs, shedding bureaucratic shackles, and improving productivity at every level will be crucial to weathering a storm

Street impressed by Polycab's margin expansion in fourth quarter of FY20

While near-term prospects hinge on unlocking of economy, the stock remains a good valuation play, say analysts

Voltas' consumer business delivers a cool surprise in Q4, posts 20% growth

But, analysts have lowered earnings estimate due to high channel inventory

Havells India falls for third straight day, hits fresh 52-week low

Analysts believe recovery in business would be slower for Havells India as compared to peers' due to higher exposure to real estate/industrial products and higher share of premium products

Havells no more a cool stock as Covid-19 dents Q4 show, FY21 outlook

Analysts expect profits to reach FY19 levels only next fiscal

Covid-19 lockdown: 70% listed firms may dip into reserves for April pay

This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.

Havells India eyes Rs 600-700 cr revenue from water purifier business

The company now boasts of 20 products in the water purifier business segment

Havells India hits 52-week low on weak December quarter results

The deterioration in economic macros, sectoral liquidity challenges and slowdown in infrastructure segment has disproportionately impacted demand for industrial cables and industrial switchgear.

Havells' underperformance may take a while to reverse; stock falls

Valuation of 34x FY21 earnings does not capture whole picture

Havells Q2 results disappoint; slowdown in real estate, infra hits growth

Higher competitive intensity in LED panels impacted growth of the acquired Lloyd's business, which slipped into losses at the operating level

Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India

Stock recommendation by Religare Broking

Nifty outlook and stock pick by Tradebulls Securities: Buy Havells India

Nifty outlook and stock recommendation by Sacchitanand Uttekar, DVP - Technical (Equity)

Q1 results: Havells feels the heat of weak demand, stock falls over 4%

Growth moderates in cables, lighting; poor show in switchgear and Lloyd business

Havells Q1 profit falls 16% to Rs 177.09 cr; total income at Rs 2,756 cr

The company had logged a net profit of Rs 211.16 crore in the April-June period a year ago, according to a regulatory filing