Buy Honeywell Automation India; target of Rs 50,320: Sharekhan
Wed, Nov 6, 2024 3:56 PM

Buy Honeywell Automation India; target of Rs 50,320: Sharekhan

A Flip by Avya Verma
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Honeywell Automation India's Q2FY2025 results missed estimates due to weak execution, soft demand, and an accounting treatment change, with revenue and profit down 7% and 5%, respectively. The company aims to grow 2x GDP in India and focus on industrial digitalization, automation, and sustainability, with a revised price target of Rs. 60,000.

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