Analyst Coverage

Disclaimer: Havells India Limited is also covered by following brokerage firms and institutions. This list is subject to change as firms add or delete coverage of the company and should not be considered as complete. Havells India Limited undertakes no obligation to update this list and does not distribute information or reports prepared by these brokerage houses and institutions. The list is meant to give an overview of the widespread interest shown by the financial community in the company. It is not intended to be a recommendation for financial investment in the company. Please note that any opinions, estimates or forecasts regarding company's performance made by the analysts are their alone and do not represent opinions, forecasts or predictions of Havells India Limited or its management. Havells India Limited does not claim any responsibility to the research reports published by the brokerage houses and institutions and is an independent assessment by those brokerage houses and institutions. Publication of this list does not imply any endorsement of the named brokerage houses or analysts or concurrence with their opinions.