Opportunistic Buy - Havells India

Havells India is the leading player in switchgear, cable and lighting business. The company showed YoY  growth in their revenue, EBITA and profitability.

Given the economic turnaround in India, Havells India will be one of the shooting stars in the market pace.

The current P/E is at the higher end and company pay dividend also.

It's my recommendation that buyer should start accumulating share in small quantity during market sell off days. One should keep in mind before investing that it should be long term play. Stay away from F&O .

Consult your financial advisor before investing

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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.