Business News

NSE shares fall 2%, slip below IPO price, but analysts’ target prices go up to Rs 2,050. Time to buy?

FinSiddhi

NSE slipped below their Rs 1,785 IPO price on Monday, taking its market capitalisation to Rs 4.36 lakh crore. Despite the decline, brokerages remain positive on the stock, with Macquarie, Emkay and PL Capital setting target prices between Rs 1,950 and Rs 2,050, citing its market leadership and growth prospects.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

SME IPO jackpot or 50:50 gamble? 21 multibagger stocks mask a harsher reality

This year’s SME IPO market in India offers a varied landscape for investors. While twenty-one stocks emerged as multibaggers, numerous others significantly lagged behind. The median return for investors is a modest 3.9 percent, underscoring that impressive gains are largely attributable to a handful of standout performers. As such, careful stock selection is essential for…

I don’t enjoy playing negative roles, says Nyrraa M Banerji

After her role in Pishachini, Nyrraa M Banerji has consciously chosen to veer away from negative characters in television, aiming for more uplifting and positive roles. Her foray into both television and OTT was serendipitous rather than planned. With a yearning for old-school romance, she believes that online dating has detracted from the authenticity of…