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ET Markets - Stocks 4d ago
This smallcap aerospace stock could soar 91%, predicts Nuvama
Nuvama has initiated coverage on Aequs with a 'Buy' rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong earnings growth, backed by the company's $889 million order book, vertically integrated aerospace manufacturing capabilities, and long-term contracts with global aerospace OEMs.
AEQUSGLOBALLTGILTBEESNUVAMASMALLCAPUNIMECHCapital GoodsConsumer Services
negative
Moneycontrol NaNd ago
MC Exclusive: 'We're not just winning on cost anymore': Aequs Founder on India's aerospace moment
Aravind Melligeri says global OEMs are looking beyond low-cost manufacturing as supply-chain disruptions reshape sourcing decisions. He also explains why Aequs is betting bigger on engines and consumer electronics.
AEQUSBMETRICSCONSUMERGLOBALLGEINDIATVSSCSUNIMECHCapital GoodsConsumer Durables