New Delhi, March 25 -- Aditya Birla Capital (AB Capital) is poised for substantial growth over the next three years, according to Macquarie, which has identified the company as one of its top picks. The brokerage believes it is on track to double in three years.

As per Macquarie, the recent underperformance in AB Capital's stock offers a good buying opportunity, citing the company's AAA credit rating, sustainable ROA of 2.3 percent, and attractive valuation of 0.9 times FY27E price-to-book value (P/BV).

The brokerage has an 'outperform' call on the stock with a target price of Rs.260 for 2025-end, implying an upside potential of 40 percent from previous close.

Macquarie identified several key catalysts that could drive AB Capital's fut...