** Shares of electrical consumer goods co Havells India HVEL.NS climb 2% to 1,183.40 rupees

** Citi upgrades HVEL to "buy" from "neutral"; keeps target price at 1,500 rupees

** Sees growth improving from FY27, led by strong cables & wires business

** Expects recovery in consumer segments, including Lloyd and lighting

** Flags margin expansion from operating leverage, better price-cost pass-through

** Says recent correction in stock offers attractive entry into high-quality franchise

** Avg rating of 37 analysts on HVEL "buy"; median PT is 1,535 rupees - LSEG-compiled data

** YTD, stock down ~17%