India's Uno Minda up on EV deal with Starcharge Energy

UNO Minda

26/03/2024 04:39

** Shares of Uno Minda  UNOI.NS  up 1.9%
    ** Stock rose as much as 4.6% to day's high of 679 rupees 
    ** Automotive components manufacturer signs technical
license agreement with Starcharge Energy to manufacture and sell
electric vehicle supply equipments in India
    ** With this partnership, co further builds up on its
EV-specific product portfolio for the passenger car market, it
says in exchange filing
    ** UNOI on track to snap three consecutive quarters of gains
    ** Average rating of 14 analysts tracking stock is "buy";
median PT is 732.5 rupees - LSEG data 
    ** Including sessions move, stock down 3.8% so far this year



    
    
    
    
    

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))