Aditya Infotech shares can rally up to 27%? Why Motilal Oswal initiated coverage on the stock

Domestic brokerage firm Motilal Oswal initiated coverage on video security and surveillance products provider Aditya Infotech with a Buy rating and a target price of ₹4,200, implying an upside of 27%. The brokerage highlighted the company’s strong positioning to benefit from rising surveillance penetration through its CP Plus brand, which is the world’s third-largest CCTV manufacturer.

Motilal Oswal expects Aditya Infotech to deliver a stellar revenue growth of 44%, with EBITDA at 58% and the profit after tax growth of 64% over FY26-FY28, owing to strong industry tailwinds and expansion in market share.