Aditya Birla Capital shares: Up 30% in one year! Jefferies sees 25% more upside; should you buy? Target price, rationale
New Delhi, Oct. 14 -- Stocks to buy today | Jefferies India stock recommendations: Aditya Birla Capital shares have remained in the green territory despite pressure in the stocks-listed at the key indices - Nifty 50, Sensex, and Bank Nifty throughout the year. Aditya Birla Capital share price has risen around 30% in one year, whereas it is up around 5.50% in YTD. However, Jefferies India is still bullish on the NBFC stock and sees 25% more upside with a target price of Rs.475. Aditya Birla Capital share price today is around Rs.382 per share.
Giving rationale behing the 'buy' tag being given to the Aditya Birla Capital shares, the Jefferies India report said, "Aditya Birla Capital Ltd should benefit from rising rates as 70% floating-rate...
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