INDIA BULLS REALESTATE(CMP - 95) - Great Turn around in Infra Sector
THESIS :
- Looking Like A Very Good Turnaround Candidate
- Which Can Be A Big Outperformer Going Forward
- Would be very interesting to track this- please have a read on the entire tweet
-Institutions might have taken a huge delivery in this counter yesterday - Massive delivery volume of shares worth 808 CR VS Market Cap of 4870
Reasons :
1)The company has a massive land bank which is sufficient for proposed development over the next 5-
7 years. Unsold inventory stands at 10,612 CR Vs Market Cap Of 4,870 CR.
This provides a good revenue visibility
- New management has taken over the company since March 2023. The New Management is
committed to have the highest level of transparency and Corporate Governance standards. - Third reason why I am very bullish is that company aims to be net debt free by the current FY.
#indiabullsrealestate #IBrealestate #infrasector #upmove
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