Mumbai, July 9 -- The target price implies an upside of 24.25% to the scrip's previous closing price of Rs 1131.60 recorded on the BSE yesterday.

The domestic brokerage reportedly said that the company is emerging as one of the key beneficiaries of structural growth trends in the industry, such as premiumization and EV transition, which are driving a steady rise in content per vehicle (CPV) for Uno Minda over the years.

The brokerage reportedly expects the company to deliver a compound annual growth rate (CAGR) of 19% in revenue, 20% in EBITDA and 23% in profit after tax (PAT) over FY26-28.

The research house also reportedly expects Uno Minda to remain free cash flow (FCF) positive over FY26-28 despite higher capital expenditure. Conse...