NSE shares in focus after Q2 net profit rises 23% YoY. Why Jefferies, other brokerages remain bullish?
60-Word AI Digest
NSE reported a 23% year-on-year rise in Q2 FY27 consolidated net profit to Rs 2,578 crore, driven by higher trading volumes and transaction revenue. The exchange also approved divesting up to 40% stake in its coal exchange subsidiary. Jefferies and Emkay maintained Buy ratings, projecting further upside in NSE shares.
Key Takeaways
- NSE reported a 23% year-on-year rise in Q2 FY27 consolidated net profit to Rs 2,578 crore, driven by higher trading volumes and transaction revenue.
- The exchange also approved divesting up to 40% stake in its coal exchange subsidiary.
- Jefferies and Emkay maintained Buy ratings, projecting further upside in NSE shares.
NSE reported a 23% year-on-year rise in Q2 FY27 consolidated net profit to Rs 2,578 crore, driven by higher trading volumes and transaction revenue. The exchange also approved divesting up to 40% stake in its coal exchange subsidiary. Jefferies and Emkay maintained Buy ratings, projecting further upside in NSE shares.
Original Publisher Attribution
This summary was curated from Economic Times.