Aditya Birla Real Estate shares down 32% from peak. Can the stock reclaim Rs 2,400 post Q1 results?

Wait 5 sec.

Aditya Birla Real Estate (ABREL) shares, significantly down from their peak, are under scrutiny as investors await Q1 results and a funding plan. Technical indicators offer mixed signals, with analysts divided on the stock's potential to rebound. The company's strategic divestment of its pulp and paper division aims to bolster its real estate focus, but near-term losses weigh on sentiment.