India's Aditya Infotech jumps after Motilal starts coverage with "buy"
BUZZ-India's Aditya Infotech jumps after Motilal starts coverage with "buy" ** CCTV surveillance company Aditya Infotech's shares AITN.NS rise as much as 4.86% to one-week high of 3,464 rupees
** Rise follows brokerage Motilal Oswal initiating coverage of AITN at "buy" with a price target of 4,200 rupees implying 27% upside
** Motilal terms AITN "a compelling play, a pioneer in the rapidly growing video surveillance market in India"
** Says AITN is well-positioned to benefit from a demand surge in the 106 billion rupee market
** Brokerage expects video surveillance market to growth to 227 billion rupees by the financial year 2030, co's market share to expand to 58% from 44%
** AITN shares are up 131% in 2026 so far, according to exchange data
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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India's Aditya Infotech jumps after Motilal starts coverage with "buy"