Crunchfish: An important but expected stamp of approval from RBI - Emergers

After the clarifications regarding NPCI’s UPI Lite X, RBI has now officially approved Crunchfish Digital Cash’s technology in a newly released evaluation. This news triggered a +100% surge in the share on Tuesday, underpinning the potential we are seeing in the case. While a slight pullback is only natural, we maintain our forecast and our fair value of SEK 15-17 per share.

Länk till analysen i sin helhet: https://www.emergers.se/crunchfish_m/