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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 ₹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 ₹826.25 apiece on the BSE, the stock touched an intraday high of ₹897.10 apiece.

Fractal Analytics shares opened nearly 6% lower on their debut day (Monday, February 16), trading at ₹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 offer (IPO) price of ₹900. The IPO was subscribed 2.66 times during the primary market period from February 9-11.

On the NSE, Fractal Analytics shares were listed at ₹876 each, with discount of 2.67%. On the BSE, the company's shares were listed without any significant change. Following the share listing, the company’s market capitalization reached ₹15,476.86 crore.

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