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VERIFIEDET Markets·neutral
CDSL’s IPO jackpot comes with a valuation catch. Jefferies sets Rs 1,315 target
AI Summary
- ·Jefferies maintained a Hold rating on CDSL with a target price of Rs 1,315.
- ·The IPO revival is projected to increase earnings by 3-4%.
- ·CDSL's EPS is expected to grow at a 19% CAGR over two years.