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BUZZ — India's Aditya Birla Real Estate rises on report Birla Estates in talks to buy Noida plot

* Shares of India's Aditya Birla Real Estate rise 3.1% to 1,114.10 rupees * Stock rises after Economic Times reports that unit Birla Estates is in advance talks with Shipra Group to acquire 10-acre plot in Noida for 10 billion rupees ($105.18 million) * Co intends to build a luxury residential development on the land in central Noida, the report said, citing two people aware of the development * Aditya Birla Real Estates and Shipra Group did not immediately respond to Reuters' requests for comment * On December 3, 2025, Birla Estates partnered with Sikka Group to co-develop 16 billion rupees housing project in Greater Noida * ICICI Direct Reseach says securing Noida project will strengthen AITE's medium-term growth visiblity * Stock rated "strong buy" on avg by 11 analysts, with median PT of 1,880 rupees- data compile dby LSEG * Stock down 33.66% YTD ($1 = 95.0725 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)

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