Emkay Global Financial Services values BPSL at ₹53,000 crore or 11.8x on FY27E, with EV/Ebitda, well above its prior internal estimate of ₹40,500 crore
Analysts at JM Financial have reiterated their bullish stance on the stock, maintaining a Buy rating with a target price of ₹370 per share, based on a 23x FY27E price-to-earnings (P/E) multiple