Here are four factors why Jefferies is cautious on BSE despite strong Q4 results
Shares of BSE Ltd. opened as much as 3% lower on Friday, May 8, following its March quarter earnings, which were driven largely by robust derivatives activity and sharp growth in transaction revenues. Brokerage firm Jefferies has maintained its ‘Hold’ rating on BSE with a price target of ₹3,620, implying a valuation of 34x June…
