The latest operational updates show that they’ve crossed Q4FY22 in pre-sales in Q4 FY23. The lack of activity on this thread at a time when the company has posted it’s best ever quarter, when the stock is trading at 1.5 times book which is the trough of the last three years, and when the entire sector is moving on interest rate cut expectations, tells me that the risk-reward is good.
Disclosure: Invested from near 200 levels and adding some more. About 5% of the portfolio at CMP.
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