In today’s briefing:
- Havells India (HAVL IN) | Instant Gratification?
Havells India (HAVL IN) | Instant Gratification?
- We believe Havells India (HAVL IN) has chosen the route of instant gratification by not increasing prices and gaining market share for Lloyd this AC Season.
- After-Sales Service and aspirational value for the Lloyd brand is poor, there is no brand loyalty in the segments Lloyd operates in and is price sensitive.
- Increased prices and course correction by Voltas Ltd (VOLT IN) could result in HAVL giving up some of its recent market share gains building a stronger Bear case for HAVL.
Before it’s here, it’s on Smartkarma
