Motilal Oswal Recommends Buying Aditya Birla Real Estate with a Target of Rs 1,988
Motilal Oswal, a leading financial research firm, has issued a bullish recommendation on Aditya Birla Real Estate (ABREL), setting a target price of Rs 1,988 for the stock. This recommendation comes after a detailed analysis of the company's recent performance and future prospects.
ABREL reported presales of INR 25.4 billion in the third quarter of fiscal year 2026, marking a significant increase of 276% year-on-year and 185% quarter-on-quarter. However, these figures were 29% below the initial estimates. In the nine months of fiscal year 2026, the company's total presales reached INR 38 billion, up 64% year-on-year.
The company initially planned to launch four projects in the third quarter, but only two were launched, with a Gross Development Value (GDV) of INR 26.2 billion. The overall launch guidance for fiscal year 2026 has been revised downward from INR 139 billion to INR 88 billion. The projects Birla Niyaara Tower C and Birla Navya, which were initially part of the third-quarter launch plan, have been deferred to fiscal year 2027.
Despite the downward revision in launch guidance, Motilal Oswal remains optimistic about the company's future. The firm believes that the strong presales and the company's robust financial position will drive future growth. ABRAL's focus on high-quality projects and its strong brand presence in the real estate market are expected to continue to attract investors.
Motilal Oswal reiterates its BUY rating on the stock with a revised target price of INR 1,988, which represents a 55% upside potential from the current market price. The firm's positive outlook is based on the company's strong fundamentals, including its diverse project portfolio and strong presales, which are expected to support its financial performance in the coming quarters.
For those interested in detailed investment recommendations, further reports and insights can be found on the Motilal Oswal website. It is important for investors to consider the views and investment tips provided by financial experts, but they should also seek advice from certified professionals before making any investment decisions.
Aditya Birla Real Estate is a subsidiary of the Aditya Birla Group, one of India's leading conglomerates. The company is known for its high-quality residential and commercial projects across various cities in India. The Aditya Birla Group's strong brand presence and financial stability provide a solid foundation for ABRAL's growth in the highly competitive real estate market.
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