Economy
Motilal Oswal sees 37% upside in SPR Auto Technologies stock
Livemint2h
THE BRIEF
1
Shares of SPR Auto Technologies surged during Friday's trading session following a nearly 48.84% rally over the past six months.
2
Motilal Oswal Financial Services initiated coverage with a 'Buy' rating and a target price of ₹6,150, projecting a 37% upside based on September 2028 estimates.
3
The firm expects a 21% PAT CAGR driven by a stable standalone business, rapid subsidiary scale-up, and a ₹10 billion QIP funding future growth.