Electronics · SEDEMAC
Electronics - Power Devices/Equipment
from 2,658 today
We initiate coverage on Sedemac Mechatronics with a Buy rating and a target price of INR3,700, driven by its advanced sensor-less motor controls, strong R&D capabilities, and rapid growth in EVs, power tools, and commercial vehicles.
SEDEMAC reported a robust Q1 performance, and its FY27 outlook is underpinned by the introduction of the company's SLC-based ISG ECUs in popular, high-volume motorcycles, and further ramp-up of E2W MCU volumes. Maintain BUY with an unchanged TP of INR 3,150.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
