All eleven analysts tracking AB Capital have a ‘buy’ rating on the stock, as per Bloomberg data. The average of 12-month price targets from brokerages is Rs 327, which indicates a potential upside of 7%.
Speaking to NDTV Profit, Vikas Khemani, founder and CIO of Carnelian Asset Management and Advisors, said Aditya Birla Capital offers a more attractive risk-reward profile compared to soon-to-be-listed Tata Capital Ltd.
He said that while Tata Capital is a “strong company”, AB Capital stands out in the space for its superior growth prospects and better return on assets (RoA).
“Tata Capital is a good company, but we always look at things from a risk-reward perspective, and in that sense, Aditya Birla Capital has always been our top pick,” he said. “We like the risk-reward profile of this company more as it provides better growth and better return on assets.”