Havells India Ltd is a leading player in electrical consumer goods in India By Amarjeet Maurya, Angel Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Havells India Ltd (HIL) is a leading player in electrical consumer goods in India. During the 3QFY21, Havells India reported strong results and beat all the parameters. Top line grew by ~40% to Rs3,175cr and PAT grew by 75% yoy to Rs350cr on back of strong performance all across the business segments. Going forward, we expect healthy top-line and bottom-line growth on the back of a strong brand, market share gain and wide distribution network. Hence, we are positive on stock.
Above views are of the author and not of the website kindly read disclaimer
More News
Stock Picks - SBI Life Insurance and Power Finance Corporation Ltd by ICICI Direct
