Archive · 17 Sep 2025
Investec's 'Buy' Rating Propels Belrise Shares Up
Investec, a financial firm, has recommended buying shares of Belrise Industries, an auto component manufacturer.
The stock jumped 6.5% intraday.
Investec set a target price of ₹185, which is 28% higher than the recent closing price.
Belrise makes parts for two and three-wheelers and is expanding into four-wheelers.
Investec forecasts a 30% profit increase from 2025 to 2028.
The company is also diversifying into defense and aerospace.
The company had a successful IPO in May 2025.
Investec initiated coverage on Belrise Industries with a 'buy' rating.
Belrise Industries share price rose 6.5% on Wednesday.
Investec set a target price of ₹185, representing a 28% potential upside.
Belrise Industries manufactures automotive components.
Investec expects Belrise's four-wheeler revenue share to increase by FY28E.
- Who
- Investec
- What
- Initiated coverage on Belrise Industries with a 'buy' rating
- When
- September 17
- Where
- N/A
- Why
- Believes Belrise has growth potential
- Company
- Belrise Industries
- Brokerage
- Investec
- Rating
- Buy
- Target Price
- ₹185
- Potential Upside
- 28%
- Stock Performance
- Up 6.5% (Intraday)
- IPO Price
- ₹90
- Current Stock Price
- ₹154.33
