Bought Prozone Intu last week. Please share your views

Initiated my position in Prozone last week at 35. My rationale was as follows:

1. Intu holding 25%+ stake. This alleviates corporate governance concerns, so endemic to Realty sector
2. RJ ans RK holding reasonable position. I presume they must have done enough due diligence
3. Went through their corporate presentation , looks promising
4. Not much debt, something very uncommon in realty
5. Selection of B and C cities as a strategy, these cities still have good pent up demand.

I am hoping it will 50% or higher returns in next one year. Please share your views. I have not done any analysis on Management quality so far. Please share if you have any data.

 

Prozone is very good stock. Radhakishan Damani has holding in stock. Management is also good. Ruby Mills is also good stock. Also Nesco is good stock from same space.

 

punit goenka is charing this company