Jefferies raises NSE target to ₹2,125 after Q2 results
In short
Jefferies kept its Buy rating on NSE shares and raised the target price to ₹2,125 from ₹2,085 after the company’s Q2 results. The update came after NSE’s first earnings since its IPO.
This matters because a higher target can support investor sentiment. The report does not give the Q2 numbers or say whether the share price moved much.
What the reporting says
Jefferies maintained its Buy rating on NSE shares and raised the target price to ₹2,125 from ₹2,085 after the company’s Q2 results, according to a Business Standard Markets summary. The move followed NSE’s first earnings since IPO, but the reporting does not provide the underlying results figures or say how the shares traded on the day. The immediate implication is a modestly higher analyst target.
Why it matters
Jefferies kept a Buy rating on NSE shares and lifted its target price to ₹2,125 from ₹2,085 after NSE’s Q2 results, according to Business Standard Markets. The note came after NSE’s first earnings since IPO. The reporting does not include the Q2 figures or any other valuation detail, so the reason for the exact target change is not fully stated.