Havells India shares drop 3.5% after reporting a 7.5% YoY PAT increase to Rs 267.77 crore for Q2 FY24. QoQ PAT declined 34.3% and revenue fell nearly 22%. Analysts retain ‘Hold’ ratings; Jefferies and Investec cut target prices, while Goldman Sachs raises its target based on anticipated earnings growth.
How Waaree Energies is ready to be a composite energy solution company in next 3 years
Waaree Energies is expanding its capabilities to meet the increasing demand for solar energy. The company is investing in renewable technologies, storage solutions, battery production,