Kotak Predicts 21% Upside for Outperforming Aditya Birla Group Stock
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Kotak Predicts 21% Surge for Aditya Birla Capital, Initiates 'Buy' Rating
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CNBC TV18•12-03-2026, 08:59
Kotak Predicts 21% Surge for Aditya Birla Capital, Initiates 'Buy' Rating
•Kotak Institutional Equities initiated coverage on Aditya Birla Capital with a 'Buy' rating and a price target of ₹390, indicating a potential 21% upside.
•Aditya Birla Capital operates as a diversified financial conglomerate, with its NBFC business having an AUM of ₹1.5 lakh crore.
•Its housing finance segment, with an AUM of ₹42,200 crore, is projected to clock a 51% CAGR between FY24 and FY26E.
•The company recently invested ₹750 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance, maintaining 100% shareholding.
•All 13 analysts tracking the stock currently hold a 'Buy' rating, with targets ranging from ₹345 (HDFC Securities) to ₹450.