Goldman Sachs retained its Buy rating on Havells India but reduced its target price to Rs 1,225 from Rs 1,400 after the September quarter results. The brokerage expects earnings to be lower than previously estimated as margin recovery takes longer.
Goldman Sachs retained its Buy rating on Havells India but reduced its target price to Rs 1,225 from Rs 1,400 after the September quarter results. The brokerage expects earnings to be lower than previously estimated as margin recovery takes longer.
<iframe src="https://hindustansphere.com/embed/cluster/2cd7e2b20f14e95f9986469829bac4eb9d751575" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Havells India: Goldman Sachs, Jefferies Cut Target Prices; Maintain Ratings"></iframe>
