New Delhi, Feb. 17 -- Fractal Analytics share price rose nearly 6% on Tuesday, February 17, following brokerage Prabhudas Lilladhar's initiation of coverage on the AI company with a 'Buy' recommendation and a target price of Rs.1,260, which is based on a valuation of 22x EV/EBITDA for FY28E, indicating a possible upside of 40%.

Fractal Analytics share price today opened at an intraday low of Rs.826.25 apiece on the BSE, the stock touched an intraday high of Rs.897.10 apiece.

Fractal Analytics shares opened nearly 6% lower on their debut day (Monday, February 16), trading at Rs.847.15 per share on the NSE, reflecting a decline of 5.87%. The company's shares debuted weakly, listing at approximately a 3% discount from their initial public ...