India's Aarti Industries gets UBS double upgrade to "buy"

Aarti Industries

28/05/2025 06:40

** Shares of Aarti Industries ARTI.NS rise 0.6% to 481.30 rupees

** UBS upgrades ARTI by two notches to 'buy' from 'sell', raises PT to 625 rupees from 615 rupees

** Notes meaningful improvement in ARTI's performance on new CEO's growth and cost-optimisation initiatives

** UBS expects strategic initiatives to cushion volume, profitability volatility

** ARTI up ~17% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))