Havells India: The switch to higher gear
Long-term potential makes the stock a good bet despite its perceived high valuation
Long-term investors can consider the stock of Havells India, a key player in consumer electrical appliances. The company also makes cables and switch-gears. There are multiple drivers for the stock — rising urbanisation, the government’s thrust on housing and electrification of villages, consumer shift from unbranded to branded goods and the additional revenue from Lloyd’s consumer business acqui...
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