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Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion

  • Posted on August 18, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion
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.
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Business News Today

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