Stock Report VittNivesh

Havells India Limited – Equity Report #54

Greetings Finance Enthusiasts!

Team VittNivesh is here with a fresh equity report on Havells India Limited- if you haven’t heard about it you are probably living under a rock.

A prominent name in every Indian household- Havells is one of the few brands that every Indian reaches out to. With their niche tagline & motive- ‘ Hawa Badlegi’, Havells is indeed bringing a change in the electronics industry. With a strong brand recall & brand presence even at the grass root levels, Havells has well positioned itself in the market.

HIL has a strong presence in domestic electrical appliances and equipment market with a diversified product portfolio in switchgears, cables, electrical consumer durables and lighting & fixtures segments.

The company went through some obvious shocks due to the pandemic, impacting its sales & operating profit numbers. But the electrical industry in India is expected to provide sustainable growth on a long-term basis. Havells has a strong liquidity position and is well-positioned in terms of its working capital to ride out the disruption caused by COVID-19.
Let’s dig in deeper together & enjoy reading !

Credits :- Siddhi Gupta & Manish Yadav

0 comments on “Havells India Limited – Equity Report #54

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: