Today’s stock to be analyzed is Havells India Ltd.
Havells India Limited, an FMEG company and major power distribution equipment manufacturer is known for its strong global presence. Know how it survived the blow of pandemic and managed to do what it does the best despite some hiccups.
A glance at financial figures will tell you that the revenue grew by 39.5%and PAT soared by 75%. However, there is more to the company – concerns like dipping EBIT, normalization of ad spends etc. Regardless, Havells has delivered robust performance and scooped more market share owing to network expansion.
For detailed analysis, check out the following post.