UNO Minda Zooms 500%: Brokerages Bullish on Auto Parts Stock

  • UNO Minda Ltd. stock price has surged a massive 500% in the past four years.
  • The rally comes after the company's strong financial performance, with a 19% rise in net profit and 21% jump in revenue for the December 2023 quarter.
  • Brokerages remain optimistic, predicting further gains of up to 35% for UNO Minda shares.
  • Analysts cite a strong order book and UNO Minda's dominant market position across various product lines as key reasons for their bullish outlook.
  • This performance highlights the potential of the auto component sector in the Indian market.

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