After NSE IPO exchange debut, Macquarie calls stock ‘The Dominator’ - here’s why | Check share price target
Macquarie projects 12% revenue CAGR for NSE from FY26 to FY30, supported by high margins and strong cash generation. The brokerage anticipates significant growth in non-transaction revenues, driven by data and analytics, while expecting a robust return on equity of around 35%.
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