Nomura initiates coverage on Aditya Birla Real Estate, predicts 30% upside on strong growth outlook
Backed by long-term strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a βbuyβ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate…
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