Puravankara - Undervalued Stock changing Trend

It has been observed that the price action dipped below the book value of the company, which is providing a good opportunity to buy as an undervalued company at discount of 20% from its book value. The price action dipped due to the recent down turn in the realestate market due to Government policy changes in recent year like Demonetization, GST and other. But the company still sustained their profitability and continues to generate sustainable profits with good control on debts.

Book Value: 101
P/E: 13.74
Debt to Equity: 0.86
Market Cap: 1900 Cr.
Resources: Screener.in

Short term view:
T1- 100
T2- 110
SL- 85

Long term View:
T1- 125
T2-150
SL-75

Trade attivo

Trade attivo:

Up by 10% now, heading to T1

Trade chiuso: obiettivo raggiunto:

Woops crossed 100 in hours, T1 reached successfully under short term view. Thanks

Trade attivo

Trade attivo:

Breaking towards higher levels

Trade chiuso: obiettivo raggiunto:

T2 short Target reached and now looking to T1 in long term. Thanks

Trade chiuso: obiettivo raggiunto:

Another Longterm Target reached. Now, up 10%.