Monthly update on Havells, Voltas and CG power share prices and targets.
Last time we had updated targets, buy, hold and book profits on these three stocks on February 9th. You can find the link below.
As on February 9th
Havells- Book profits 450-460.
Voltas Buy on dips 330-350, Stay invested.
CG Power- Target 73 hit. revised Target 78.
As on today.
Havells – buy now at 450 and on dips towards 430, target 550. 3 months.
Havells has bought Lloyd AC. Havells will improve design quality and increase the cost of ACs.
Voltas- Stock trades in a small range and is cheaper at 390. Add more for a target of 440. 1 month, SL 370.
CG Power- Hits target of 78. Hold and add more, stock is still cheaper, Target of 95. 3 months. SL 70.
we had initiated Value pick call of CG power at 60-63 for yearly target of 85 on January 11th.
Target likely to be hit this month. Continue holding for yearly target of 105.