New Delhi, Nov. 3 -- Domestic brokerage firm Anand Rathi, in its latest note, has initiated coverage on Aditya Birla Real Estate with a 'Buy' rating and a target price of Rs.1,345 per share, indicating an upside potential of 30% from the stock's latest closing price.

Despite the stock remaining under severe selling pressure and losing 38% of its value in 2026 so far to trade at around Rs.1,036 apiece, the brokerage remains confident about its long-term growth prospects.

It believes the company is positioned for renewed growth acceleration, citing expectations of a recovery in pre-sales, supported by the enhanced gross development value (GDV) of Niyaara Tower C and a stronger launch pipeline.

Anand Rathi said that the company is transit...