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videos | IST

Investec downgrades BSE Ltd to 'sell' from 'hold'; here’s why

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Investec has downgraded BSE Ltd to ‘sell’ from ‘hold’ with a target price of Rs 1,720. According to the firm, the company has got cyclical earnings as well as expensive valuations. Investec expects the earnings to sequentially decline in FY23 for BSE Ltd.

Investec has downgraded BSE Ltd to ‘sell’ from ‘hold’ with a target price of Rs 1,720. According to the firm, the company has got cyclical earnings as well as expensive valuations. Investec expects the earnings to sequentially decline in FY23 for BSE Ltd.
Watch the accompanying video of CNBC-TV18’s Nimesh Shah for more details.