Economic TimesLean R·
Jefferies initiates coverage on NSE with ‘Buy’; here’s why it sees fresh growth potential
The National Stock Exchange (NSE) combines market leadership, structural growth, diversification and a natural hedge against volatility, said Jefferies as it initiated coverage on the stock exchange's shares with a ‘Buy’ rating and a target price of Rs 2,085 apiece, implying more than 17% upside potential.The international brokerage called NSE a “market leader with new growth optionality”, expecting the company to deliver a 15% revenue CAGR over FY27-29, despite past regulatory headwinds. India…
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