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Jefferies initiates coverage on Pine Labs with Rs 300 target price. Here's why it sees 28% upside

Jefferies initiates coverage on Pine Labs with Rs 300 target price. Here's why it sees 28% upside

Jefferies has initiated coverage on Pine Labs with a Buy rating, citing an earnings inflection point, strong revenue growth prospects, and improving profitability. Expansion across digital payments and operating leverage could drive a potential valuation re-r…

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