Axis Securities maintains a 'Buy' rating on Arvind Smartspaces, setting a target price of 740 per share, indicating a 21% upside. The brokerage cites the company's optimistic outlook on its organizational transformation, tri-city model, and new management's focus on efficiency as key growth drivers. Arvind Smartspaces expects pre-sales to increase by 30-35% by FY26, supported by a strong project pipeline and planned launches.