Uno Minda shares jump over 3% as Jefferies initiates coverage with Rs 1,350 target price

Uno Minda shares rose over 3 per cent after Jefferies initiated coverage on the auto component maker with a Buy rating and a target price of Rs 1,350. The brokerage expects strong earnings growth driven by rising content per vehicle, premiumisation trends and expanding presence in EV components and advanced automotive systems.

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