BUZZ-India's Uno Minda gains after Goldman Sachs sets Street-high PT
Reuters
Jul 16, 2025
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))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.