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Niva Bupa gains 2% as ICICI Securities initiates coverage, 20% upside seen

Business Standard LogoBusiness Standard5d ago

Niva Bupa gains 2% as ICICI Securities initiates coverage, 20% upside seen - Business Standard

Quick Summary:

Niva Bupa's stock was quoting at ₹76.18, up 2.

We have given higher valuation multiple of 35 times PE to Niva Bupa to factor in higher than peer earning growth period in the near horizon,” the brokerage said.

The brokerage has set a share price target of ₹90, which shows an upside potential of around 20 per cent from its April 15 closing price of ₹74.57 on the National Stock Exchange (NSE).

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 13:17:47 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27944615

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 244 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Niva Bupa gains 2% as ICICI Securities initiates coverage, 20% upside seen" was covered 5 days ago by Business Standard, a news publisher based in India.

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  • URL: https://citrocola.beamstart.com/news/niva-bupa-gains-2-as-17447901194251

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