Q1 FY25 results

Brokerage firm Prabhudas Lilladher has raised its 12-month forward target for the benchmark Nifty to 26,398 from 25,816, as compared to a month ago. “In the Base Case,PL values NIFTY at 3% discount to 15-year average PE (18.6x) with March 26 EPS of 1,417 and arrives at a 12-month target […]