# Rishabh Instruments — Operating Leverage Inflection | Target ₹850–950 **NSE: RISHABH | CMP ₹512 | MCap ₹1,979 Cr | Timeframe: 12–18 months** --- ## Business Model Rishabh Instruments is a Nashik-based precision instrumentation company operating across three segments: - **EEI (Electrical & Electronics Instrumentation)** — Panel meters, current transformers (CTs), power quality analyzers. Claims to be the largest CT manufacturer in the world. High-margin, IP-driven business with 60–70% gross mar