ICICI Securities Downgrades BSE to Hold with Target of ₹2,450

Status: Pending

Age: New (01/01/2001)

TRACK

Brokerage

ICICI Securities

Analyst

Brokerage Team

Position

Neutral

Start Date

01/01/2001

Horizon

Long Term

Target Price and Expected Returns

Start Price

Target Price

₹2,450

Expected Returns

Summary

ICICI Securities recommended a hold rating on BSE with a target price of ₹2,450, reflecting expectations for moderate growth and potential regulatory changes affecting earnings.

ICICI Securities's justification for BSE target price prediction

Strong prospects of volume growth across segments, particularly derivatives.
Improvement in costs contributing to enhanced quarterly EBITDA.
Revised estimates factor in moderation in volume growth on a higher base.
Possible regulatory changes remain a key risk to earnings.
Neutral stance with updated target price reflecting adjusted earnings expectations.

ICICI Securities's research report on BSE enjoys strong prospects but maintains a hold due to possible regulatory changes affecting earnings.

Sources:

https://www.moneycontrol.com/

Tags:

Brokerage Team, BSE, featured6, ICICI Securities, Neutral, stock_prediction

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