Buy, Sell or Hold: Emkay initiates coverage on Aditya Birla Real Estate; Morgan Stanley initiates coverage on Swiggy

Emkay Global has initiated coverage on Aditya Birla Real Estate with a Buy rating and 40% upside potential, driven by strong bookings, project pipeline, and healthy financials. Meanwhile, Morgan Stanley began coverage on Swiggy with an Overweight rating, citing its improving food delivery performance and rapid expansion in quick-commerce. Both brokerages signal strong long-term growth prospects for the respective companies.