BUZZ-India's Uno Minda gains after Goldman Sachs sets Street-high PT

Reuters
2025/07/16
BUZZ-India's Uno Minda gains after Goldman Sachs sets Street-high PT

** India's Uno Minda UNOI.NS gains 1.5% to 1,122.40 rupees

** Goldman Sachs hikes PT on auto parts maker to 1,350 rupees from 1,260 rupees; maintains "buy" rating

** GS' PT highest among 17 analysts tracking "buy" rated UNOI - data compiled by LSEG

** Brokerage likes UNOI's high domestic exposure and increasing share of business in fast-growing pockets in India's auto industry

** Says the favourable segmental exposure to drive mid to high teens pct growth for UNOI in Q1

** YTD, stock up 6.7%

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))

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