INDO-MIM

** Shares of India's Indo-MIM IDOM.NS rise as much as 2.3% to 1,188 rupees

** Kotak Institutional Equities initiates coverage of co with "reduce" and PT of 1,110 rupees, citing limited valuation upside despite multiple growth opportunities

** Brokerage forecasts revenue and EBITDA CAGR of 24% and 26%, respectively, over FY26-FY31, driven by growth across metal injection moulding, consumer electronics, casting and machining

** Expects net profit to grow at 29% CAGR over FY26-FY31, but sees EBITDA margin staying around 28%, as higher-margin aerospace growth is offset by consumer electronics

** Says co's leadership, aerospace growth and available capacity support long-term expansion

** Flags short order-book visibility and risks from slower MIM growth and failure to gain share in consumer electronics

** Stock up 64.8% since listing on July 30

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

** Shares of India's INDO-MIM IDOM.NS jumps 8.01% to 934.65 rupees

** Industrial machinery and equipment maker posted 31.6% Y/Y rise in first quarter consolidated net profit

** Co's June quarter revenue up 9.4% Y/Y

** Results mark co's first quarterly earnings report since its stock market debut on July 30

** Stock up 34.7% since listing

($1 = 95.6600 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))