Business
Nuvama Initiates NSE With Buy, Sets Target Price
Nuvama has initiated coverage on NSE shares with a Buy rating and set a target price. The brokerage highlighted that the stock trades at estimated FY27 and FY28 price-to-earnings multiples of 40.5 times and 37.1 times. The call signals confidence in the exchange operator’s earnings growth, while valuation remains a key consideration for investors.
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