BusinessMacquarie and PL Capital Start Coverage on NSE Stock with 9% Upside
Macquarie and PL Capital have initiated coverage on an NSE-listed stock, projecting up to 9% upside. Macquarie noted that at their target price, the stock would trade at a 2.5x PEG ratio, aligning with global peers. This suggests the premium valuation is justified based on growth expectations.
Business Standard·2d ago



