Overview

• Belrise Industries shares fell about 2% on July 10 following a near-14% rally that propelled the stock to an all-time high of Rs 116.50.
• Management reaffirms targets for mid-teen compound annual growth in revenue and earnings over the next three years while maintaining stable margins.
• The four-wheeler segment, now contributing 12–13% of revenues, is poised for accelerated expansion bolstered by the H-One acquisition.
• Corporate streamlining efforts are underway to consolidate group supplier units under one roof and unlock additional shareholder value.
• Jefferies’ recent Buy rating and Rs 135 price target have underpinned robust investor sentiment and supported the stock’s momentum.