Thursday, 17 January 2013

Buy Havells India for short term.



With the Q3 results awaited on 23rd Jan 2013, expect this stock to reach 690 again. Currently trading at 24 times P/E, is still undervalued by industry standards. CMP 658.9INR at the time of writing. Target of 689 till January end and a stop loss of 650.

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