Kotak Institutional Equities has upgraded Uno Minda from ADD to BUY and revised its target price to Rs 545 a share. The brokerage said that the recent 15% correction in stock price has made the valuations more attractive.
Get latest articles and stories on Latest News at LatestLY. Auto components maker Uno Minda Ltd on Monday said its board has approved the acquisition of a 81.69 per cent stake in Kosei Minda Aluminium and a 49.90 per cent stake in Kosei Minda Mould from JV partner Kosei, Japan. Latest News | Uno Minda to Acquire 81.69 Pc Stake in Kosei Minda Aluminium, 50 Pc Stake in Kosei Minda Mould.