May 2, 2025
Home » JM Financial maintains Buy on One97 Communications, lowers target price to Rs 1,010 Jobbery Stock Market update
JM Financial maintains Buy on One97 Communications, lowers target price to Rs 1,010 Jobbery Stock Market update

JM Financial maintains a buy call on One97 Communications with a revised target price of Rs 1010. The current price is Rs 787.5. Revenue estimates are lowered due to changes in UPI incentives. Potential regulatory triggers in FY27 could significantly impact growth. The report anticipates possible substantial upgrades if MDR or PPBL approval materializes.

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