Nomura Initiates Dhoot Transmission At 'Buy', Bets On India's EV Inflection Point
Nomura start coverage of stocks including a list of stocks.
· NDTV Profit
Brokerage sets a target price of INR 1,800 and sees Dhoot emerging as a key beneficiary of rising EV adoption, localization trends and growing demand for wiring harnesses and EV components.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- Brokerage calls from Nomura, starting coverage of the stocks named.
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