Motilal Oswal keeps Buy on Himadri, sees 37% upside
In short
Motilal Oswal kept a Buy rating on Himadri Speciality Chemical and set a target price of ₹780.
That means about 37% upside from Friday’s close. The brokerage pointed to battery materials, specialty carbon products and tyre manufacturing as growth areas.
What the reporting says
Motilal Oswal maintained its Buy rating on Himadri Speciality Chemical and set a target price of ₹780, implying about 37% upside from Friday’s close. The brokerage said battery materials, specialty carbon products and tyre manufacturing could support growth. The note points to a positive outlook for the stock, based on those business areas.
Why it matters
Motilal Oswal reiterated a Buy call on Himadri Speciality Chemical with a ₹780 target, framing the stock as a potential outperformer. The call was tied to growth prospects in battery materials, specialty carbon products and tyre manufacturing. The source gives no fresh company financials, only the broker’s valuation view and upside estimate.