New Delhi, Sept. 30 -- Shares of WeWork India Management have defied stock market weakness lately. And the stock's rally may have more steam left as brokerage firm Nirmal Bang Institutional Equities has maintained a "buy" recommendation on the stock with a target price of Rs.983, implying a 47% upside potential.

WeWork India Management's share price has surged 42% in the last six months, compared to a 1% rise in the equity benchmark Sensex.

On Wednesday, WeWork India shares opened at Rs.668.25, almost flat from their previous close of Rs.668.30, and declined 1.2% to an intraday low of Rs.659.95.

The stock hit its record high of Rs.794.20 on 6 August 2026 after hitting a record low of Rs.419.60 on 30 March this year.

Nirmal Bang mainta...