Motilal Oswal Starts Coverage on Molbio Diagnostics With Buy, Sees 21% Upside
Motilal Oswal has initiated coverage on Molbio Diagnostics with a Buy rating and a target price of ₹1,800, implying about 21% upside from current levels. The brokerage argues that the company is well placed to benefit from the shift toward decentralised molecular diagnostics, anchored by its Truenat platform and expanding global footprint.
