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Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why

Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR through FY29.

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Economic TimesLean R·2h ago
Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR through FY29.
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Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why

How 1 sources are covering this

Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why

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