Godrej Properties Shares Rise 2% Following Jefferies 'Buy' Rating, 35% Upside Projected

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Shares of Godrej Properties rose by 2% in early trading today after Jefferies, a global investment bank, initiated coverage with a 'Buy' rating. Jefferies has set a target price for the stock, forecasting a 35% upside from its current market level. The brokerage cited the company's strong growth prospects in the Indian real estate sector, supported by its strategic land acquisitions, robust residential sales, and strong brand presence. Investors reacted positively to the report, driving the stock higher, as they look to capitalize on the potential for significant capital appreciation in the coming months.



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