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