Broker's call: Honeywell Automation (Buy)

Honeywell Automation India reported strong Q1-FY27 results on July 30, 2026, with EBITDA margins expanding to 14.3 per cent. Analysts said the company shows promise due to stable gross margins and export growth. They maintain a Buy rating with a higher target price of ₹48,740, noting the stock remains attractively valued.