Investec starts India's OnEMI Technology with 'buy'

Onemi Technology Solutions

07/07/2026 06:50

**  Investec initiates coverage on OnEMI Technology ONEE.NS, with a "buy" rating and 400 rupees target price
** Investec analysts say ONEE's digital unsecured loans account for 93% of AUM, leaving its book exposed to macro and cyber risks
** Brokerage says co's liability profile vulnerable to funding shocks due to concentrated borrowing base and lack of strong parent co support
** Stock up 52.9% since listing in May
     

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))