Real run as yet not began...
Yes, emmami infra has delivered a decent returns but the real story has to unfold.
Amalgamation of Zandu reality, recent central regulations on realty sector are likey to be the game changers...
Consider its valuations right now,
Mcap of around 400crs is very attractive and emami infra likely to post more than 1000cr top line in FY18 and huge land bank at Madurai, Coimbatore and Kolkata adding cream to the cake.
Parent group has a mcap of around 20,000+crs and their ability and reputation to build a brand shall be considered.
So, it is the story seems to be like the Godrej properties...
Advance wishes to all the investors.
Note: The above article is not a research report but it is a information as available on public domain and it should not be treated as a research report. It is just a study which I/we observed and recording them as a dairy of mine/us.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that i/we might have positions in my/our portfolio and hence my/our point of view can be biased. Readers should consult their financial advisory before any investments.