ADVERTISEMENT

'Buy' Nexus Select Trust Maintains ICICI Securities On Acquisition-Led Growth Strategy

At current market price of Rs 133, ICICI Securities expects Nexus REIT to deliver net distributable cash flow distribution yield of 6.9% in FY26E and 7.4% in FY27E.

<div class="paragraphs"><p>Nexus Select Trust REIT’s has unveiled its “Nexus 2.0: Re-imagining the Future” strategy in its Analyst meet. (Photo Company website)</p></div>
Nexus Select Trust REIT’s has unveiled its “Nexus 2.0: Re-imagining the Future” strategy in its Analyst meet. (Photo Company website)
ICICI Securities retains Buy rating, with a revised Mar’26E DCF based target price of Rs 161/share (earlier Rs 157), incorporating MBD, Ludhiana asset in our estimates, valuing assets at 6.8% cap rate considering potential value accretion from pipeline assets.
To continue reading this story
Subscribe to Unlock & Enjoy your 
Subscriber-Only
 benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit