Electronics
Electronics - Others
from 38,116 today
We retain a Hold rating on Honeywell with a revised PT of Rs. 41,000 as margins surprised with a 236 bps rise to 14.3% and the company is expected to report a revenue/PAT CAGR of 12%/22% over FY2026-FY2028E.
Honeywell Automation India's 1QFY27 results were a mixed bag with a margin-led beat on profitability, though revenue was below estimate. We maintain our HOLD rating on the stock with a revised target price of INR 39,125.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
