Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion
Jefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler demand and expanding renewable energy and aerospace businesses.
The brokerage expects robust earnings growth, though customer concentration and margins remain key risks.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
