Stories
NSE Shares Soar 164% in 7 Years, Brokerages Set New Target of ₹2050.
- •NSE shares surged from ₹164 to ₹1818 in seven years, including bonuses and stock splits.
- •Brokerage houses Macquarie, MK, and PL Capital have set new targets for NSE ranging from ₹1950 to ₹2050.
- •According to Tikona Capital Finserv Private Limited data, the adjusted share price was ₹164 in August 2019, reaching ₹1818 by September 2026.
- •NSE implemented a 10:1 stock split and 1:10 bonus in 2016, and a 4:1 bonus in 2024, increasing investor shareholdings.
- •Macquarie initiated coverage with an 'Outperform' rating and a ₹1965 target, MK gave a 'Buy' rating with a ₹2050 target, and PL Capital an 'Accumulate' rating with a ₹1950 target.
Key Questions Answered
The NSE IPO had a price band of ₹1,700 to ₹1,785 per share. On its market debut, the stock opened on the BSE at ₹1,800—representing a modest 0.84% premium over the upper price band—and later climbed to touch an intraday high of around ₹1,870.
According to Tikona Capital data, adjusted NSE share prices rose from ₹164 in August 2019 to ₹1,818 by September 2026. Historically, NSE underwent a 10:1 stock split and a 1:10 bonus in 2016, followed by a 4:1 bonus issue in 2024.
Prominent brokerage houses have issued positive outlooks and target prices for NSE, with Macquarie initiating coverage with an 'Outperform' rating and a target of ₹1,965, PL Capital giving an 'Accumulate' rating with a target of ₹1,950, and MK issuing a 'Buy' rating with a target of ₹2,050.
