SJS Enterprises Stock Surges on Elara 'Buy' Rating

  Published 9 months ago

SJS Enterprises shares rise 4.1% as Elara Capital initiates 'buy' with 1,710 rupee target, citing expansion, premiumisation, and undervaluation.

  • Leading aesthetic auto parts maker benefits from premium passenger vehicle and 2-wheeler trends.
  • 1.6 billion FY26 capex boosts export, ready verticals, and raises average selling prices.
  • Stock trades at peer discount; re-rating expected as expansions drive growth.

You might like these

CIE Automotive India Q3 FY26 Results

HMEL to Boost Bathinda Refinery

Prostarm's BESS Expansion Boosts India's Energy Market

Tata Consumer Rises on Margin Hopes

India's State Firms Face Dividend Hike Pressure

India Eyes Rare Earth Magnet Push

Mazagon Dock Shares Slip Amid Target Cut

News that matters the most ⚡