Neutral impactResults

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

Economic Times 50 min ago·18 Aug 2026, 10:45 am

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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