Jefferies initiates Dhoot Transmission coverage, sees 20% upside
Quick Summary
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a price target of Rs 1,730, suggesting a potential 20% upside. The brokerage anticipates growth driven by strong two-wheeler demand, premiumisation, and electrification, along with new product opportunities.
Key Takeaways
- Jefferies initiated coverage with a Buy rating.
- Price target set at Rs 1,730.
- Implies up to 20% upside.
- Forecasts 24% revenue and 27% EPS CAGR through FY29.
Why It Matters
Analyst coverage and price targets from financial institutions like Jefferies can provide market participants with an external perspective on a company's potential. Such reports often highlight factors influencing a stock's future performance, which can be part of an investor's research.
The IPO in numbers
Dhoot Transmission Limited's Mainboard IPO was a 100% Book Building issue with a price band of Rs 829 to Rs 871 per share. The lot size was 17 shares, meaning one lot at the upper price band would cost Rs 14,807. The total issue size was Rs 3066.89 crore, and bidding was open from August 10, 2026, to August 12, 2026.
Figures from CAPITA1's own IPO record, not from the news report.
The headline, summary, takeaways and analysis on this page are written by CAPITA1's AI from the source report. For educational purposes only. Not investment advice.
The IPO in this story
Dhoot Transmission Limited
- Price Band
- ₹829 – ₹871
- GMP
- ₹250 (+28.70%)
- Subscription
- —
Opens 10 Aug 2026 · Closes 12 Aug 2026
CAPITA1 desk — unofficial grey-market estimate — Unofficial grey-market estimate — not an exchange price. Updated 10 Aug 2026, 08:17 pm.
View Full IPO Details