Dhoot Transmission IPO Day 3: GMP signals strong 29% listing gain. What are analysts saying?

Dhoot Transmission IPO entered its final day with the issue seeing strong investor interest and a grey market premium of around 29%. Analysts remain positive, with Anand Rathi recommending a long-term subscription and Ventura assigning a Subscribe rating, citing the company’s EV focus, premiumisation strategy and strong customer base.