Stocks to buy, May 14 -- Domestic brokerage firms have raised their target prices on Birla Corporation shares, impressed by the company's turnaround performance in the March quarter (Q4FY25), which beat estimates across all key parameters. Volume, revenue, EBITDA, and PAT grew by 8%, 6%, 13%, and 33% YoY, respectively.

This strong performance, coupled with new capacity additions, the company's entry into the ready-mix concrete (RMC) segment, and improved debt levels, is expected to boost profitability. Birla Corporation reported a profit of Rs.257 crore, up from Rs.193 crore in the previous year. Notably, the cost per tonne declined 4% YoY and 3% QoQ to Rs.4,345 per tonne.

Meanwhile, the company's stellar performance was also well recei...