Aditya Birla Real Estate shares surged over 4% on October 30, reaching a day's high of Rs 1,898.70 per share, despite the company reporting a consolidated net loss of Rs 15.74 crore for Q2 FY26. This loss contrasts sharply with a net profit of Rs 2.58 crore during the same period last year but represents an improvement from the Rs 25.47 crore loss reported in Q1 FY26. Investor optimism was largely driven by bullish analyst ratings, with Nomura maintaining a 'Buy' recommendation and setting a target price of Rs 2,550, indicating a potential upside of over 40%.
In a parallel development, Aditya Birla Capital's shares rose 6%, hitting a fresh 52-week high of Rs 328.80 before closing at Rs 327. The firm reported a net profit of Rs 855 crore for Q2 FY26, a 14.5% decline from the previous year, although revenue from operations increased to Rs 10,595 crore. Analysts remain optimistic about both companies, with Antique Stock Broking also issuing a 'Buy' call on Aditya Birla Real Estate, setting a target price of Rs 2,820, suggesting an upside potential of over 55% from its previous close.