Upgrade rating to ‘buy’ on Embassy REIT from ‘add’ with revised NAV of Rs 430/unit: ICICI Securities

Upgrade rating to ‘buy’ on Embassy REIT from ‘add’ with revised NAV of Rs 430/unit: ICICI Securities

At CMP of Rs360, the Embassy REIT offers a distribution yield of 6.8% in FY21E, 7.1% in FY22E and 7.8% in FY23E.
Check the source here –Source, Financial Express.

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