16 May, 2018 15:21
|With RERA Regulations in place , the real estate sector is now consolidating and value creation is under way. Indiabulls is a strong player in markets now. Its deals with Blackstone have definitely helped it reduce its debt however the market seems to not have factored this news in so well. A buyback announcement was made to rallying the stock to 5% gains. It looks very promising on technical charts at current levels and would be considered a strong buy from here. ( CMP - Rs.208.9 ) |
29 Mar, 2018 12:43
|Real-estate sector's popularity has decreased over the past three-four years due to a dip in prices which more or less stagnated the growth. Indiabulls has now decided to sell 50% in Mumbai assets to Blackstone. Will similar deals be value accretive for the sector as a whole? |
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