Prabhudas Lilladhar initiates coverage of Fractal Analytics with 50% upside despite weak listing

Fractal Analytics’ muted market debut has sharpened focus on valuation issues and near-term growth visibility, but Prabhudas Lilladhar argued that long-term structural opportunities in enterprise AI remain intact. The broker initiated coverage on the stock with a target price of Rs 1,260Shares of Fractal Analytics listed at Rs 876 on the NSE on February 16, […]