Nuvama has a bull case price target of ₹740, which factors in 11% margin by FY27E with a 30% compound annual growth rate (CAGR) in operating income (OI) and a similar target multiple vis-a-vis the base case.
Nuvama has a bull case price target of ₹740, which factors in 11% margin by FY27E with a 30% compound annual growth rate (CAGR) in operating income (OI) and a similar target multiple vis-a-vis the base case.