Investec has upgraded its rating on Godrej Properties to ‘Buy,’ with a target price of ₹4,200, indicating a potential upside of around 29% from the current price of ₹3,260. The brokerage noted strong growth trends in the company as it continues to diversify its operations, without being overly dependent on any single region for growth.
The company’s established brand recognition and more sustainable sales model also contribute to its positive outlook.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor before making any investment decisions.
TOPICS:
Godrej Properties