Manas Jaiswal of manasjaiswal.com has a sell call on Havells India with a target price of Rs 455.

The current market price of Havells India is Rs 474.60.

Time period given by the analyst is intraday when Havells India price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 486.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 29,669.55 Crore) operating in Electric Equipment sector.

Havells India key Products/Revenue Segments include Cables which contributed Rs 2,675.61 Crore to Sales Value (40.62 per cent of Total Sales), Domestic Switchgears which contributed Rs 1467.68 Crore to Sales Value (22.28 per cent of Total Sales), Electrical Consumer Durables which contributed Rs 1,419.87 Crore to Sales Value (21.55 per cent of Total Sales), Light Fittings & Fixture which contributed Rs 894.47 Crore to Sales Value (13.58 per cent of Total Sales), Others which contributed Rs 128.33 Crore to Sales Value (1.94 per cent of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 1,860.54 Crore, up 8.79 per cent from last quarter Sales of Rs 1,710.20 Crore and up 26.84 per cent from last year same quarter Sales of Rs 1,466.81 Crore.

Company has reported net profit after tax of Rs 121.38 Crore in latest quarter.

The company's top management includes Dr.Adarsh Kishore, Mr.Ameet Kumar Gupta, Mr.Anil Rai Gupta, Mr.Jalaj Ashwin Dani, Mr.Puneet Bhatia, Mr.Rajesh Kumar Gupta, Mr.Surender Kumar Tuteja, Mr.Surjit Kumar Gupta, Mr.T V Mohandas Pai, Mr.Vellayan Subbiah, Mr.Vijay Kumar Chopra, Mrs.Pratima Ram.

Company has V R Bansal & Associates as its auditors.

As on 31-03-2017, the company has a total of 624,855,342 shares outstanding.