Fractal Analytics Stock Buy Recommendation : Brokerage house PL Capital has initiated its coverage on Fractal Analytics with ‘BUY’ rating and set its target price at Rs 1,260. This is 48 percent more than the closing price of Rs 850 on the listing day. The brokerage pegs it at a valuation of 22 times FY28 estimated EV/EBITDA, with upside potential of around 40%. The company’s shares had closed around Rs 850 on the listing day on February 16 compared to the issue price of Rs 900.
Fractal Analytics: Don’t worry if you miss the IPO, this new player in the market can give 48% returns – Market
