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Business · Markets
Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR…
Source: The Economic Times
Business
India’s $600 billion food market grows at 7% CAGR, food processing given importance: Official
Stating that protein was particularly relevant given India’s large vegetarian population, the official said there was a need to meet growing protein requirements.
Source: The Hindu