Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.
It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 40.7%
TECNICALLY ITS HAS FORMED MULTIPLE SHOULDERS WITH COMPLEX HEAD AND SHOULDER PATTERN.
ITS CUTTENT PRICE -1388
TARGET PRICE-1686
WITH ATLEAT 21% POTENTIAL GAINS
It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 40.7%
TECNICALLY ITS HAS FORMED MULTIPLE SHOULDERS WITH COMPLEX HEAD AND SHOULDER PATTERN.
ITS CUTTENT PRICE -1388
TARGET PRICE-1686
WITH ATLEAT 21% POTENTIAL GAINS