Jefferies initiates coverage on Dhoot Transmission: Here’s why it sees 14% upside
Jefferies initiated coverage of Dhoot Transmission with a Buy rating and a Rs 1,730 target, implying nearly 14% upside. It cites the company’s 41% share of India’s two- and three-wheeler wiring-harness market, 70% share in EV harnesses and exposure to premiumising segments.