Economy
Choice International Initiates Coverage on Rishabh Instruments with 'Buy' Rating
Livemint1h
THE BRIEF
1
Domestic brokerage Choice International Equities initiated coverage on Rishabh Instruments with a 'Buy' rating and a target price of ₹830 per share.
2
The brokerage highlighted structural growth drivers from electrification, renewable energy integration, and data centers supporting the company's core electrical and electronic instruments business.
3
Rishabh Instruments shares have rallied 70% in 2026, reaching ₹677.90 apiece.