Stock to Buy, Nov. 24 -- WeWork India Management is back in the spotlight soon after its initial public offering (IPO) last month as major brokerages turned bullish on the flexible workspace operator, projecting a potential rally of up to 48% from current levels. After Jefferies initiated coverage on the firm last week, ICICI Securities has also turned positive, despite the stock still trading below its issue price. The upbeat commentary comes amid rising demand for premium co-working spaces and strong operational momentum across India's top metros.

ICICI Securities initiated coverage on WeWork India with a 'Buy' rating and a target price of Rs.914, implying a significant 48% upside from Friday's close ( Rs.618.85). The brokerage highlig...