Jefferies raises target price of auto ancillary stock that's venturing into aerospace
- Posted on May 26, 2026
- By Business News Today
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- 1 min read
Jefferies raises target price of auto ancillary stock that's venturing into aerospace
Jefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is experiencing strong earnings growth and securing new orders. Belrise is also expanding its global presence in aerospace and defence sectors. This strategic diversification is expected to drive future growth and profitability for the company.
