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Broker call▲ Bullish for Indian equities

After NSE IPO exchange debut, Macquarie calls stock ‘The Dominator’ - here’s why | Check share price target

1 source · first seen 16:57 26 Sept · updated 16:57 26 Sept

The brief

Written from 1 report · check the source before you trade
  • Macquarie projects NSE revenue CAGR of 12% from FY26 to FY30
  • NSE’s growth outlook matters to investors in India’s exchange and brokerage businesses

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NSE IPO debut, valuation and self-listing plans

NSE’s ₹22,569 crore IPO was subscribed nearly six times, and its shares opened at ₹1,800 before rising to ₹1,845. The exchange has said it is open to self-listing if SEBI permits; analysts have flagged its valuation of ₹4.4 trillion, or 43 times earnings.

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1 report · earliest 16:57
MintAfter NSE IPO exchange debut, Macquarie calls stock ‘The Dominator’ - here’s why | Check share price target16:57