The shares of Aditya Birla Real Estate jumped more than 4 percent on October 30 as bullish brokerage calls boosted investor sentiment, despite the company posting a net loss in Q2 FY26. Aditya Birla Capital shares meanwhile hit a fresh record high.
Aditya Birla Real Estate shares hit a day's high at Rs 1,898.70 apiece, extending gains for the second consecutive session. The stock then pared some gains to close at Rs 1,880 apiece.
Aditya Birla Capital shares surged around 6 percent to hit a fresh 52-week-high of Rs 328.80 apiece. The stock later closed Rs 327 per share.
Aditya Birla Real Estate Q2 Results:
Aditya Birla Real Estate on October 28 reported a consolidated net loss of Rs 15.74 crore for the second quarter of the financial year 2026, as against a net profit of Rs 2.58 crore reported in the same period of the previous financial year.
The net loss however narrowed from the Rs 25.47 crore reported in the previous quarter, which was Q1 FY26 (April-June).
The real estate firm's income from operations meanwhile fell 63 percent YoY to Rs 97.84 crore during the July-September quarter of FY26.
What analysts say:
Nomura kept a 'Buy' call on the stock, with a target price of Rs 2,550 per share. This implies an upside potential of more than 40 percent from the stock’s previous closing price.
The brokerage said that the company's pre-sales will likely grow 20 percent YoY in FY26F to Rs 9,500 crore.
Antique Stock Broking also kept a 'Buy' call on the stock, with a target price of Rs 2,820 per share. This implies an upside potential of more than 55 percent from the stock’s previous closing price.
Aditya Birla Capital Q2 Results:
Aditya Birla Capital on October 30 reported a net profit of Rs 855 crore for the second quarter of FY26. This marks a 14.5 percent YoY decreased from the Rs 1,000.9 crore net profit reported in the same period of FY25.
The firm's revenue from operations meanwhile rose to Rs 10,595 crore in Q2 FY26 from Rs 10,322 crore in Q2 FY25.
Also read: Our LIVE blog on Q2 earnings
(With inputs from Reuters)
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