Hot Stocks: Brokerage view on JSW Energy, Havells India, HDFC Bank and Sheela Foam

July 18, 2023

Structural growth is back into focus alongside a cyclical kicker. Concerns of past two years over now; capital allocation to return accretive. In terms of valuation, it is the best choice to play the consumer electricals business. Sustained revenue share gains, a higher share of premium products, and a turnaround at Lloyd to aid margins.

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