Havells stock has consistently held a premium valuation owing to the expansive scale, well-diversified portfolio, and ranking among the top three players in all product categories
Unlike peers, V-Guard and Crompton who outsource 50-60 percent of their production, 90-95 percent of Havells manufacturing is in-house, which entails higher capex
Stocks to buy today: Stock brokerages recently came out with research reports on select stocks namely Hindustan Unilever (HUL), Camlin Fine Science, Havells India and Tata Chemicals. All these four stocks have received ‘Buy’ ratings from individual brokerages. These brokerages see an up to 30% upside on the counters. Find out more about it in this Business Today Visual Story.