Havells eyes Q1 breakout after weak phase; Analyst bullish
Havells is in a consolidation phase ahead of Q1FY26 earnings on July 21. Analyst Deepak Pal says the stock is holding above ₹1,500 but trades below key EMAs. RSI at 43.5 hints at limited strength, while fundamentals remain solid with strong cash flows and no debt. A breakout above ₹1,550-1,600 could push it towards ₹1,700. Buy-on-dips suggested with SL ₹1,400.