Buy Awfis Space Solutions, target price Rs 1,049: ICICI Securities
ICICI Securities maintains a buy rating for Awfis Space Solutions, raising the target price to Rs 1049 from Rs 730.2. Awfis reported strong H1FY25 results, exceeding revenue growth and EBITDA margin guidance. With a robust operational pipeline of over 110,000 seats, ICICI Securities projects continued growth, estimating a 31% revenue CAGR through FY27.