๐ Havells Share Price Surges Over 3% to Close at Rs 1,469.30
๐ On Tuesday, February 27th, the share price of electrical equipment manufacturer Havells India saw a significant increase of over 3%, closing at Rs 1,469.30. During the trading day, the company’s share touched a new 52-week high of Rs 1,481.30. Market experts believe that there could be further growth in Havells India’s share price.
๐ฏ Goldman Sachs Sets Target Price of Rs 1,660 for Havells India
๐ฆ Foreign brokerage firm Goldman Sachs has recommended buying shares of Havells India, setting a target price of Rs 1,660, up from the previous target of Rs 1,540. This is the highest target price set for Havells shares. Out of 44 analysts tracking Havells India, 28 have recommended buying the stock, while 12 have given a hold rating and 4 have a sell rating.
๐ฐ Long-term Investors See Over 100,000% Return on Havells Shares
๐น Havells India’s shares have provided long-term investors with a return of over 100,000%. On February 28, 2003, the company’s shares were trading at Rs 1.46, and on February 27, 2024, they closed at Rs 1,469.30. This means that an investment of Rs 1 lakh in February 2003 would be worth Rs 10 crore today.
๐ Havells Share Price Drops to Rs 1,518 on Thursday, February 29
๐ On Thursday, February 29, Havells India’s share price experienced a slight decline of 1.03%, closing at Rs 1,518. Despite this drop, the share price has seen a significant increase of over 850% in the past 10 years. On February 21, 2014, the shares were trading at Rs 153.91, compared to Rs 1,469.30 on February 27, 2024.
Stay tuned for more updates on Havells India’s share performance!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
