StartupsET Techabout 2 hours ago
UBS upgrades MCX to Buy, target Rs 3,800
2 min read
UBS upgraded Multi Commodity Exchange of India (MCX) to Buy from Neutral, raising its 12-month price target to Rs 3,800 from Rs 3,600. The upgrade follows a 15% price correction, leaving the stock at 40x forward earnings, a 10% discount to its three-year average.
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