Stock to buy, March 18 -- Domestic brokerage firm Nuvama Institutional Equities initiated coverage on Signature Global India shares with a 'Buy' rating, eyeing a potential upside of 35 per cent in the real estate development company.

Gurugram-based real estate developer Signature Global India started its operations in 2014, and within a decade, the company has secured a position among other top developers in the national capital region (NCR) of Delhi.

According to the Nuvama report, the company has a diversified portfolio of residential projects, including apartments, independent floors, plotted developments, and integrated townships.

Moreover, the company's strong land bank of more than 21 million sq. ft. for the upcoming projects alo...