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BSE shares: Prabhudas Lilladher cuts target price to Rs 4,025 as CAS hits derivatives volumes

  • Posted on August 24, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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BSE shares:  Prabhudas Lilladher cuts target price to Rs 4,025 as CAS hits derivatives volumes
BSE shares: Prabhudas Lilladher cuts target price to Rs 4,025 as CAS hits derivatives volumes

Prabhudas Lilladher retained its ‘Buy rating on BSE but lowered the target price to Rs 4,025 from Rs 4,850, citing a slowdown in derivatives volumes after the implementation of the Closing Auction Session (CAS). The brokerage also flagged tighter bank-guarantee norms and higher STT as near-term headwinds, while maintaining a positive long-term view on BSE.
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