External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>HAVL reported weak performance mainly due to softer revenue growth in Cables and margin contraction in Switchgear and ECD due to product mix changes.</li><li>The company expects softness in Wires sales to reduce with stability in copper prices and pickup in real estate demand in coming quarters.</li><li>ECD growth momentum continues, driven by seasonal products on anticipation of healthy summer seasons and some uptick in consumer demand trends.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

HAVL reported weak performance mainly due to softer revenue growth in Cables and margin contraction in Switchgear and ECD due to product mix changes.The company expects softness in Wires sales to reduce with stability in copper prices and pickup in real estate demand in coming quarters.ECD growth momentum continues, driven by seasonal products on anticipation of healthy summer seasons and some uptick in consumer demand trends.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Havells India (HAVL IN) - Soft Growth in Cables, Margins Contract