GENERAL22 Sept 2026
Indo-MIM shares surge 145% from IPO price: Is there more upside left? Check target price | Stock Market News
Indo-MIM shares have jumped about 145% from their ₹485 IPO (initial public offering) price. HDFC Securities now rates the stock a Buy, with a target of ₹1,407, roughly 18% above the recent ₹1,188 price. The precision engineering firm supplies global manufacturers and may gain as supply chains move away from China. It also works in investment casting and metal 3D printing.
Key Statutory Highlights
- Indo-MIM shares have risen around 145% from their IPO price of ₹485.
- HDFC Securities has started coverage with a Buy rating and a target price of ₹1,407.
- The company makes precision engineering components and could benefit as global supply chains shift away from China.
Actionable Advice for Taxpayers / Founders:If you already hold Indo-MIM or are considering buying, treat the ₹1,407 target as one brokerage's opinion rather than a promise, and check whether the stock still fits your own risk level and time frame before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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