The Aditya Birla Real Estate arm marks its entry into Mumbai's redevelopment segment with a Khar West project, tapping strong demand in the land-constrained MMR housing market
According to Nomura, the latest trends indicate that India's real estate sector is in a mature phase rather than entering a slowdown
Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.
On the bourses, ABREL Share price surged up to 3.01 per cent to hit an intraday high of ₹1,770.65 per share.
e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business
Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.
Aditya Birla Real Estate has partnered with Gujarat Titans as the principal sponsor for IPL 2026, aiming to strengthen brand presence and connect with fans across India through cricket
Revenue from operations plunged 61% YoY in Q2 FY26, while bookings and collections also declined as the company reported its second straight quarterly loss
Nomura has maintained its Nifty target for March 2026 at 26,140, implying a modest upside of 4 per cent from current levels, based on a FY27F earnings per share (EPS) estimate of ₹1,245.