Havells India Ltd (HAVELLS)

Havells Reports Strong Q4 Results - 03 May, 2024

Havells India Ltd. reports a healthy Q4 with strong growth in revenue, net profit, and EBITDA, driven by summer sales and cost rationalization. The company's core portfolio has done well, led by healthy demand in real estate and construction. Havells India shares gained over 1.5% on the news.

Havells India Reports Strong Q4 Earnings - 02 May, 2024

Havells India reported a 24% YoY increase in Q4 net profit and a 12% YoY increase in revenue. Multiple brokerages have raised their target prices and recommended a 'Buy' rating due to growth tailwinds and profitability. However, concerns remain over limited upside due to expensive valuations.

Havells India Reports Strong Q4 Results and Positive Outlook - 01 May, 2024

Havells India reported strong Q4FY24 results with a 24% rise in net profit, 12% revenue growth, and a final dividend recommendation of Rs 6 per equity share. The stock is expected to reach a price target of Rs 1785 in two months according to HDFC Securities. Samco Securities recommends buying the stock for short-term returns of up to 5%. Overall

Havells India Board Recommends Final Dividend; Reports Strong Q4 Results - 30 Apr, 2024

Havells India reports a strong Q4 with a 24.8% YoY increase in net profit and a 12% YoY rise in revenue. The company also recommends a final dividend of Rs 6 per equity share for the fiscal year 2023-24.

Havells India to Report Lukewarm Q4 Results - 29 Apr, 2024

Havells India is set to report its Q4 and FY2023-24 financial results on April 30. Analysts expect a 3.9% YoY increase in consolidated net profit, with revenue expected to grow by 10.9%. However, the company's margin is predicted to decrease by 80 basis points YoY.

Havells India Ltd Stock Poised for Upside Move - 27 Apr, 2024

Havells India Ltd stock has broken above its all-time high mark and appears to have strong momentum, with a potential upside move towards 1,750 and above. A strict stop-loss should be kept at the 1,560 mark to manage risk effectively.

Havells India Joins Rs 1 Trillion Market Cap Club - 26 Apr, 2024

Shares of Havells India hit a record high, surging 4% to reach a market capitalization of Rs 1 trillion. The company has been outperforming the market in anticipation of better Q4 demand for fans and ACs.

Analyst Recommends Buying Havells India Ltd - 23 Apr, 2024

Ruchit Jain recommends buying Havells India Ltd as the overall structure of the stock is positive, with prices witnessing buying interest on declines and good support at 89 DEMA. Traders advised to buy in range of ₹1,550–1,530 for potential targets of ₹1,650 and ₹1,720 with stop loss below support of ₹1,450.

Havells India's Stock Up by 9.2% in Three Months - 20 Apr, 2024

Havells India's stock has risen by 9.2% over the past three months, with a return on equity of 17%. The company's success at turning shareholder investments into profits is reflected in its ROE.

Havells Stock Breaks Out of Falling Channel; EPACK Shares Soar on Rising Temperatures - 09 Apr, 2024

Havells India's stock has broken out of a falling channel with substantial volumes supporting an upward bias. Meanwhile, EPACK Durable's shares have surged by 28% due to rising temperatures across the country. Havells Lloyd has raised prices for room ACs by 2-3% across different regions.

Havells India Stock Trades Up by 1.29% - 08 Apr, 2024

Havells India's stock price rose by 1.29% to Rs 1569.8, with a high P/E ratio of 83.27 and an EPS value of 18.86.

ICICI Securities Expects Muted Performance for White Goods Companies - 07 Apr, 2024

ICICI Securities states that the narrative of heatwaves resulting in higher growth of summer products such as fans, air coolers, air conditioners and refrigerators is not supported by historical data. The brokerage expects near-term performance of white goods companies to be muted.

Havells India Leading the Fan Market with Cutting-Edge Technologies and Modern Designs - 06 Apr, 2024

Havells India has been dominating the fan market in India with its advanced technologies and modern designs. Pedestal fans are cost-efficient and portable, making them a popular choice for instant relief from summer heat and additional cool air during gatherings.

Havells Promotes Air Conditioners with Celebrity Campaign - 05 Apr, 2024

Havells India is promoting its Lloyd air conditioners through a 360-degree campaign featuring Bollywood couple Ranveer Singh and Deepika Padukone. The campaign will be supported by extensive media push across all mediums.