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JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upside

JM Financial has initiated coverage on OnEMI Technology Solutions with a Buy rating and a target price of Rs 385, implying around 28% upside from its ...

JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upside
Source: Economic Times - Mutual Funds

JM Financial has initiated coverage on OnEMI Technology Solutions with a Buy rating and a target price of Rs 385, implying around 28% upside from its reference price of Rs 301. The brokerage values the stock at 2x estimated FY28 book value, citing its digital lending platform Kissht and mass-market borrower focus.

SOURCE: Economic Times - Mutual Funds
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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