15-Oct-2026 07:40:35
DHOOTTRANSGeneral news
NOMURA ON DHOOT TRANSMISSION ; BUY | TP ₹1,800
• Well positioned to benefit from EV adoption and premiumisation. • Expanding its 2W wiring harness leadership into EV components and additional segments. • Localisation push should support margins. • India’s EV demand is at an inflection point; capable suppliers could be key beneficiaries. • Nomura expects Dhoot Transmission to deliver ~27% revenue CAGR over FY26–29.
DHOOT TRANSMISSION LTD