18th July 2017, Delivery Pick
Delivery Pick
Buy Oberoi Realty around 360-380 for the target 430-450 with the strict stoploss of 350 with the time frame of 2 or 3 months.
Reason behind buying:- expected launches of phases at existing projects. Rera govt new function play big role for realty based companies in Maharashtra.
Now stock trading at valuation of 13.9x of fy19 earning. Current Market Price 370.
Performance Ratio
ROA. :- 10.92%
ROE :- 14.22%
ROCE :- 19.03%
Growth Ratio
EBIDTA. :- 52.20%
EBIT Growth :- 54.29%
PAT Growth. :- 56.01%
Total Debt. :- 0.03
Financial Stability
Current Ratio :- 4.04
Quick Ratio. :- 2.83
#Abhi
#FATEHKREGAKHALSA (y)
Expect it to hit the bull's,eye like your previous Delivery picks
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