Jefferies
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Background
From 5 stories, the newest dated 1 Oct 2026. Summary written 4 Oct 2026.
Jefferies is a brokerage whose analysts publish ratings, target prices and sector forecasts on Indian listed companies and industries. [1] source: Business Today[2] source: ET Auto Retail[3] source: Business Today
Show 3 more paragraphs and 5 sources
Its calls on textile, auto and insurance-distribution names are reported by Indian business media such as Business Today and Financial Express. [1] source: Business Today[2] source: ET Auto Retail[4] source: Financial Express
On 1 October 2026, Jefferies retained its 'Buy' rating and Rs 260 target on Welspun Living and forecast a 14% revenue CAGR over FY26-FY29. [1] source: Business Today The same day, it forecast September sales growth across India's passenger vehicles, two-wheelers and commercial vehicles, with tractors expected to lag. [2] source: ET Auto Retail On 25 September 2026, Jefferies cut its PB Fintech target to Rs 1,540 from Rs 2,050 while retaining Buy, after IRDAI proposed insurance commission caps. [4] source: Financial Express[3] source: Business Today It said the proposal could reduce PB Fintech earnings by 10-12%. [4] source: Financial Express Jefferies also cut its valuation multiple for PB Fintech by 30% to 18x estimated FY30 EBITDA, and set an upside target of Rs 1,620 and a downside target of Rs 1,030. [3] source: Business Today
NDTV Profit reported that in the same round of revisions HSBC cut its PB Fintech target 45% to Rs 1,150 and BofA cut its target 28.4% to Rs 1,410. [5] source: NDTV Profit
Sources
Stories that mention Jefferies
12 stories
Jefferies is named in these stories but is not their subject.
- Jefferies: FSSAI's 150+ notices point to tighter checks and higher compliance costs for food firms and quick-commerce platforms
- Meesho stock jumps 6% on MSCI inclusion hopes as Jefferies backs profitable growth
- Credit-card spending growth slows to 5.5% as SBI Cards loses share
- Jefferies keeps Buy on Patanjali Foods after Q1 profit jumps 86%; sees 59% upside
- Jefferies cuts TCS target to ₹1,800, citing AI and growth risks
- Jefferies retains TBO Tek Buy, sees 18% upside on hotel-led growth
- Jefferies initiates Kalyan Jewellers at Buy, sets ₹830 target on franchise-led growth
- Paytm could see bigger upside than Pine Labs if UPI MDR returns
- Jefferies: Meesho reached $4.5B GMV and 120M monthly users in CY22
- Amber’s IL JIN Electronics appoints bankers for proposed ₹3,500 crore IPO
- Blinkit outpaces Zepto on profitability despite lower orders per store
- Jefferies cuts ITC target to Rs 350 as Q4 profit rises 5% but revenue slips 7%