Domestic brokerage firm Nuvama Wealth Management has initiated coverage on Aimtron Electronics with a 'BUY' rating and a target price of Rs 2,036. The recommendation implies a potential upside of nearly 47% from the current levels. Nuvama values the company at 40x its FY28 estimated diluted earnings per share of Rs 50.9, citing a structural shift in its business profile and superior financial visibility over the medium term.
Strategic transformation drives high-margin growth
