Jefferies Initiates Buy Rating on NSE with Rs 2,085 Target
Jefferies has started coverage on NSE with a 'Buy' rating and a target price of Rs 2,085, suggesting over 17% upside. The brokerage expects NSE to achieve 15% revenue CAGR from FY27 to FY29, driven by structural growth, market leadership, diversification, and new business ventures, which will also support margin expansion.
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