JEFFERIES ON NSE ; BUY | TP ₹2,085

• Jefferies maintains Buy rating on NSE with a target price of ₹2,085. • Revenue Growth: Expects 15% CAGR over FY27–29. • Earnings Growth: EPS expected to grow at 16% CAGR over FY27–29. • Growth Opportunities: New business opportunities could add 15% to FY30 EPS. • Market Leadership: Strong market position and business diversification support growth. • Valuations: Improving margins, diversification and market leadership justify premium valuations. • Impact: Positive 🟢

National Stock Exchange of Ind

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