Polycab India, Havells, RR Kabel, KEI Industries were among major losers as UltraTech Cement announced its entry in the wires & cables (W&C) market with planned investment of Rs 1,800 crore
ICICI Securities has reiterated its BUY rating on Havells India, setting a target price of Rs 1,800, representing an 18% upside from the current market price of Rs 1,521.
ICICI Securities has reaffirmed its Buy rating on Havells India, with a revised target price of Rs 2,120—reflecting a 17% upside from the current market price.
Market expert Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today's trading session. Indian markets are expected to open strong today.