Domestic broking firm ICICIdirect has set Nifty target for December 2024 at 25,000 by valuing the index at 20x PE on FY26E EPS of Rs 1,250 per share with corresponding Sensex target set as 83,250
Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cables. The