14 Oct 2025 | 5 Mins Read

Broker Prabhudas Lilladher predicts Nifty upswing

Flipitmoney

Prabhudas Lilladher Capital raised its 12-month Nifty target to 28,781, valuing the index at 19.2 times its September 2027 EPS of Rs 1,499. The brokerage expects Nifty EPS to grow at 12.1% over FY25-27, with estimates of Rs 1,229 for FY26, Rs 1,415 for FY27, and Rs 1,582 for FY28. Domestic-oriented sectors to continue outperforming, led by banks, NBFCs, autos, and defense.