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.
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.