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JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upside

  • Posted on September 4, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upside
JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upside

JM Financial has initiated coverage on OnEMI Technology Solutions with a Buy rating and a target price of Rs 385, implying around 28% upside from its reference price of Rs 301. The brokerage values the stock at 2x estimated FY28 book value, citing its digital lending platform Kissht and mass-market borrower focus.
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