Economy
Anand Rathi Initiates Coverage on Aditya Birla Real Estate with Buy Rating
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THE BRIEF
1
Brokerage firm Anand Rathi initiated coverage on Aditya Birla Real Estate with a 'Buy' rating and a target price of ₹1,345 per share.
2
The stock has declined 38% in 2026 to trade near ₹1,036 apiece amid selling pressure and project launch rescheduling.
3
The brokerage anticipates a recovery in pre-sales starting from FY28 supported by the Worli portfolio gross development value and expanding multi-city projects.