The brokerage sees potential for a ‘significant’ re-rating of the stock as valuations are expected catch up with its peer group on strong growth in FY23. The valuation of the mid-sized IT company, owned by the RPG Group, at an estimated Price to Earnings (PE) ratio of 12 times is one of the lowest among the mid-cap stocks it tracks.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the
May 25, 2026