Motilal Oswal (MOSL) has initiated a ‘Buy’ rating on Anant Raj with a target price of ₹1,100, implying a 31% upside from the current market price (CMP) of ₹838.
The brokerage highlights Anant Raj’s strong presence in Gurugram and its status as a key beneficiary of the NCR recovery and India’s data center localization wave. MOSL also cites the company’s joint venture with Birla Estates as a testimony to its asset-light growth strategy and strong legacy.
Key financial projections include pre-sales and collections clocking 23% and 87% CAGR over FY24-27, along with robust operating cash flow (OCF) and net cash flow generation.
Additionally, Anant Raj is positioned as an early mover in catering to the growing demand for data centers, further enhancing its growth prospects.
Disclaimer: The above is for informational purposes only. Please consult a financial advisor before making any investment decisions.
