Market Havells Q4 profit dented by slowdown in demand: Here's what brokerages recommend Updated : May 30, 2019 12:41 PM IST Havells India posted a 8.4 percent fall in profit at Rs 206.83 crore for March-quarter. Most global brokerages, including CLSA, Jefferies, Citi, and HSBC remained bullish on the stock despite weak earnings. CLSA, Credit Suisse, and Citi slashed the stock's target price. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.