Pine Labs Share price: जेफ़रीज़ के मुताबिक FY28 तक कंपनी की Adj EBITDA मार्जिन 15% से 27% संभव है। ऑपरेटिंग इफिसिएंसी से Adj EBITDA मार्जिन बढ़ सकते हैं। सेक्टर की दूसरी कंपनियों के मुकाबले इसका वैल्युएशन सस्ता है। शेयर की री-रेटिंग हो सकती है।
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Moneycontrol24-12-2025, 11:24

Pine Labs Shares Soar: Jefferies, Morgan Stanley Issue Bullish Calls

  • Pine Labs shares surged today, trading around 240 rupees, up 2.07%, with an intraday high of 251.80 rupees.
  • Jefferies initiated 'Buy' with a target price of 300 rupees, projecting a 20% upside and 23% CAGR revenue (FY25-28).
  • Morgan Stanley gave an 'Equal-Weight' call, setting a target of 260 rupees, expecting a 12% upside and 19% revenue CAGR (FY25-28).
  • Both brokerages highlight growth from affordability services, issuing business, and focus on working capital intensity.
  • Jefferies notes Pine Labs' cheaper valuation and potential for re-rating, with Adj EBITDA margins possibly reaching 15-27% by FY28.

Why It Matters: Brokerages Jefferies and Morgan Stanley are bullish on Pine Labs, citing strong growth potential and attractive valuations.

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