- Havells India‘s net income for the second quarter is 2.73 billion rupees, reflecting a 9.6% increase from the previous year.
- The net income falls short of the estimated 3.19 billion rupees.
- Revenue for the quarter is reported at 45.3 billion rupees, marking a 16% year-over-year increase and exceeding the estimated 43.45 billion rupees.
- Total costs have surged by 18% year-over-year, amounting to 42.6 billion rupees.
- Other income has risen substantially by 77% year-over-year, reaching 927.6 million rupees.
- Shares of Havells India have decreased by 2.5%, trading at 1,891 rupees, with a volume of 643,348 shares.
- The stock analysis includes 20 buy recommendations, 14 hold recommendations, and 6 sell recommendations.
A look at Havells India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s Smart Scores, Havells India has a promising long-term outlook. With a solid Resilience score of 5, Havells India demonstrates its ability to weather market fluctuations and maintain stability in the face of challenges. This indicates a strong foundation and the company’s capability to withstand uncertainties in the future. Additionally, Havells India scores well in both Growth and Momentum, with scores of 3 and 4 respectively, reflecting a positive trajectory in terms of expansion and market performance.
Although the Value score is at 2, suggesting some room for improvement in terms of valuation, Havells India‘s Dividend score of 3 indicates a moderate level of dividend distribution to its shareholders. Overall, Havells India Limited, known for manufacturing a wide range of electrical products including circuit protection equipment, switchgears, cables, fans, and lighting products, appears to have a sturdy foundation for continued growth and resilience in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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