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

2. 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.
3. Third reason why I am very bullish is that company aims to be net debt free by the current FY.

#indiabullsrealestate #IBrealestate #infrasector #upmove

Now praveg (P/E >100) have limited upside, if earnings miss the expectations, market will treat Praveg very badly.
Although the company is looking good but valuation shoot up alot.
Disc- Not invested but tracking.

Why the company invest huge amount to purchase the lease when they already had the lease and also doing business from there.And what incremental revenue this land can generate for the company, any idea?

Not sure, but company had given clarification to SEBI on volume increase that there is no important update

Did not find any thread related to this stock. Surprised to see there is not much discusssion about this stock in any media despite 29% 3 year cagr revenue growth and 78% 3 year profit growth with 20% ROE

Experts advise please.