BofA Securities maintain 'buy' on Aditya Birla Capital ADTB.NS, reiterating positive outlook driven by strong growth tailwinds in lending book and supportive asset quality environment
Brokerage sees broad-based growth and improving profitability across businesses for ADTB
Adds, housing finance business showing strong disbursement growth on a consistent basis and steady momentum in asset management and insurance
Push to strengthen developer ties, boost retail penetration, and the pending capital infusion from Advent International should support growth - BofA
Mean rating of analysts on stock is "strong buy"; median PT is 415 rupees - data compiled by LSEG
ADTB up 0.1% at 321.75 rupees, down 10.1% YTD