Motilal Oswal expects this realty stock to surge nearly 50% in 1 year; here's why
Updated: 12 Aug 2022, 11:06 AM IST
TL;DR.According to the brokerage, the Indian housing market is on the cusp of multi-year growth and the industry has the potential to grow by 3-4 times in the next decade aided by rising income levels and improving demography.
Motilal Oswal expects the stock to jump nearly 50 percent in the next 1 year on the back of the positive growth outlook in the Indian housing space. It has a 'buy' call on the stock with a target price of ₹1,570.