Aditya Infotech: ICICI Securities Turns More Bullish After Q4 Results, Sees Double-Digit Upside — Check New Target Price

Despite near-term headwinds from semiconductor and memory price inflation, ICICI Securities believes Aditya Infotech’s localisation strategy, AI-led partnerships and expanding manufacturing footprint position it for strong earnings growth over the medium term, leading to a sharp upward revision in earnings estimates.