Company updateNDTV Profit
Nuvama initiates NSE with Buy, Rs 2,220 target
Positive+29
GreyOak summary
Brokerage Nuvama initiated coverage on NSE shares with a 'Buy' rating and a target price of Rs 2,220. The firm values the exchange at 40x FY28 EPS, citing its dominant market share and liquidity moat. Nuvama expects revenue and EPS CAGRs of 11% through FY29.
What it affects
- NSEPositive +29
Initiated with Buy rating and Rs 2,220 target.Rolling sentiment Positive +24
Source
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