BSE Shares Today, BSE Stocks, BSE Share Price Live Updates October 16, 2024: Global brokerage Jefferies has downgraded the rating on BSE to ‘underperform’ from its earlier ‘hold.’ However, the target price has been increased to ₹3,500. The near-term risk-reward for BSE appears unfavourable, it said.
ALL UPDATES
- October 16, 2024 10:13
BSE Share Price Today: Stock declines 6%
Shares of BSE Ltd traded at ₹4,468.10 on the NSE, lower by 5.98% as at 10 am.
- October 16, 2024 10:11
BSE stock in focus: Brokerage on BSE Ltd
Jefferies on BSE
- Downgrade to U-P, TP raised to Rs 3500
- STK up >100% post SEBI’s new F&O framework
- Assuming 25% hit to overall mkt vols, BSE’s val (@P/E of 40x FY26E) implies its mkt share rising from 13% in 2Q to 30-35%; appears stretched
- See near-term risk-reward unfavorable
SHARE
- Copy link
- Email
- Facebook
- Telegram
- LinkedIn
- WhatsApp
- Reddit
Published on October 16, 2024