Havells India - Focus On Expanding Reach To Customers: ICICI Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Havells India Ltd. has themed its annual report on its efforts to reach out to its customers across channels. It is now also investing in extending its rural presence by launching new exclusive stores. We believe distribution expansion and steady launch of new products could help the company to continue recording healthy volume growth. Havells India had expanded its manufacturing capacities for washing machines and refrigerators in FY22 and plans to expand for room air conditioner and cables and wires segments in FY23. We believe healthy volume growth of early teens will likely continue and model Havells India to report revenue and profit after tax compound annual growth rates of 17.1% and 27.2% over FY22-FY24E. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Havells India - Focus On Expanding Reach To Customers: ICICI Securities

Havells India - Focus On Expanding Reach To Customers: ICICI Securities

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