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

Motilal Oswal downgraded FMEG firm Havells India to neutral from buy due to expensive valuations, but still sees a 7% upside to ₹1,780 post Q4FY24 results. Stock surged 41% from 52-week low, showing volatility in 2024 with positive returns in 2 of 4 months.

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Havells India shares approach 52-week high as UBS turns bullish; all you need to know

Havells India shares gained 5.63% to Rs 1371.50 against the previous close of Rs 1298.35 on BSE. Market cap of the firm rose to Rs 83,698 crore.

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Havells India share price tanks 11% after Q2 profit falls 7% to Rs 302 crore

The large-cap stock has gained 83 per cent in the last one year and has risen 42 per cent since the beginning of this year.

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