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Jefferies initiates coverage on Dhoot Transmission: Here’s why it sees 14% upside

  • Posted on October 5, 2026
  • By Financial Express
  • 0 Views
  • 1 min read
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Jefferies initiates coverage on Dhoot Transmission: Here’s why it sees 14% upside
Jefferies initiates coverage on Dhoot Transmission: Here’s why it sees 14% upside

Jefferies has initiated coverage on Dhoot Transmission with a ‘Buy’ rating and a target price of Rs 1,730, implying nearly 14% upside. The brokerage expects the company to benefit from rising two-wheeler demand, premiumisation, its dominant position in EV wiring harnesses and expansion into battery packs.
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Financial Express

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