Jefferies' Chris Wood sells Birla stock after 183% rally to buy Mahindra

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Jefferies’ Chris Wood has exited Aditya Birla Real Estate after a 183% rally since 2021, reallocating funds to Mahindra & Mahindra. The brokerage sees strong earnings growth, SUV-led market share gains, and attractive valuations, setting a Rs 4,200 target price for Mahindra.