Status: Pending
Age: New (14/Aug/2025)
Analyst Deven Choksey From Brokerage Unspecified Recommends Accumulate on UNO Minda with Target of ₹1,218
Brokerage
Unspecified
Analyst
Deven Choksey
Position
Bullish
Start Date
14/Aug/2025
Horizon
Mid Term
Target Price and Expected Returns
Start Price
Target Price
₹1,218
Expected Returns
Summary
Deven Choksey recommended an accumulate rating on UNO Minda with a target price of ₹1,218 based on revised valuation estimates.
Unspecified's justification for UNO Minda target price prediction
- Revenue growth of 15.8% YoY but below estimates due to weaker momentum in Lighting and other products.
- EBITDA growth of 16.3% YoY, below expectations due to revenue miss and operational performance issues.
- Adjusted net profit growth of 11.7% YoY, again below forecasts due to operational difficulties.
- Revised valuation based on Jun'27 estimates.
- Downgraded rating due to elevated capex, localized revenue challenges, and cautious domestic demand outlook.
Sources:
https://www.moneycontrol.com/
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