The recent surge in stock prices factors in key positives; await better entry point, advise analysts
Investment in domestic manufacturing capacities will stand them in good stead; OEMs like Amber Enterprises to also benefit
All that happened in the markets today
Anil Rai Gupta says how managing costs, shedding bureaucratic shackles, and improving productivity at every level will be crucial to weathering a storm
Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar
Analysts expect profits to reach FY19 levels only next fiscal
The broader structure of Nifty still looks weak though
The stock price has broken down from the upward sloping trendline
Higher competitive intensity in LED panels impacted growth of the acquired Lloyd's business, which slipped into losses at the operating level
Growth moderates in cables, lighting; poor show in switchgear and Lloyd business
Plans to invest in greenfield wires manufacturing plant in Assam
Q4 sales, profit came below estimates; improving growth momentum crucial for stock
The growing rural market and the Lloyds portfolio are its key focus areas, says Havells chairman and managing director Anil Rai Gupta in an interview
The company's revenue growth of 28 per cent to Rs 2,518 crore was ahead of consensus estimates
Strong outlook set to give a fillip to Havells' prospects
As company firms up strategy to secure medium-term prospects, valuations could play spoilsport
Even as competition heats up, acquisition of Lloyds has given it a big enough hold in small towns
Overall show ahead of estimates
It has been among the top mid-cap gainers since last year's Diwali
Results a bit short of expectations; analysts say risk-reward could be thin at current level