Q4 results review: Havells India shares hit record high on strong earnings
Thu, May 2, 2024 12:01 PM

Q4 results review: Havells India shares hit record high on strong earnings

A Flip by Riya Sharma
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After an around 10 percent jump in April, brokerage house Motilal Oswal has downgraded FMEG (fast-moving electrical goods) firm Havells India to neutral from buy on the back of its expensive valuations.However, the brokerage still sees a 7 percent upside to ₹1,780 for the stock post its March quarter (Q4FY24) results reported yesterday on May 1.Stock price trendOn the back of strong results.

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