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SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upside

SBI Funds Management received bullish brokerage coverage from Equirus Securities and Emkay Global, with target prices implying up to 31% upside from its IPO price of Rs 574. The stock debuted at a 7% premium on the exchanges, listing at Rs 610 on the BSE and Rs 613.30 on the NSE. Brokerages cited its strong franchise, SBI-backed distribution, sticky SIP flows and profitability.

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Economic TimesLean R·7h ago
SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upside
SBI Funds Management received bullish brokerage coverage from Equirus Securities and Emkay Global, with target prices implying up to 31% upside from its IPO price of Rs 574. The stock debuted at a 7% premium on the exchanges, listing at Rs 610 on the BSE and Rs 613.30 on the NSE. Brokerages cited its strong franchise, SBI-backed distribution, sticky SIP flows and profitability.
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SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upside

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SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upside

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