Why Orione recommends realty stocks : An Analysis of the market performance.

Many of my readers have asked me about my obsession on realty stocks. India is booming right now for all the right reasons. FII inflows into our markets are now into more structured sectors and the sign are all for long term investments and nothing looks shady or overnight growth. The GDP is growing at a healthy 8+ % and all investments are into sectors which involve cascading growth in dependent areas.

Going on a narrow down approach on the performance of stocks in the real estate sector. Here are some indicators  I would like to start with the top notch player Unitech. Unitech has touched a 52 week low of Rs. 8 come a long way and is now trading at Rs. 525. Ansal Properties started with Rs. 3 on a 52 week low is come by leaps and bounds is now trading at Rs. 1011 today. Upcoming listings post IPO are Parsvnath developers and Sobha Developers and i am sure we will see vibrant growth in both the stocks and this is just a tip of the iceberg.

As long as the West thinks to go east and that the world is Flat and when every corporation across the world is thinking to save the dollar and when we produce enough talent in India and as long as we strengthen our infrastructure to facilitate better amenities I am sure this industry will boom and the FII will continue to invest in India and through the entire process Realty market will grow by leaps and bounds. 

Tags: realty, real, estate, stocks, market, parsvanath, unitech, ansal housing, sobha developers, DLF, growth

Update on Sobha Developers IPO that closed today : The issue oversubscribed more than 104.17 times till 6 pm on November 29, 2006 surpassing IPO performances of Sun TV, Info Edge and Atlanta. A few more days and after some analysis we will come out with the opening price for this stock soon.

Update on Parsvnath Developers: Tomorrow the stock is opening on the market. Prediction for the opening price is likely between 420 (35% Premium) upwards for a stock that quoted 300 at IPO. Given today’s trend I am sure the pricing will be aggressive.

(Disclaimer: All views expressed here are individualistic and not a translation of facts so any decisions made by readers will be purely based on their knowledge and not to be considered under the influence of the author)

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“I will go to the Supreme Court if required. I am not scared. I won’t be,” says Priyamvada devi

Today i came across the update on the news in relation to the Sashinath murder where the former minister Shibu Soren has been convicted by the court. And to hear that it was all possible because ot the strong willed Mother (india) Priyamvada Devi who at the age 83 rest after the verdict has been given on her son’s case. She makes us proud that she stood against the wrong despite the power weilded by some heavy handed politicians

Bravery impersonae ! In fact being brave on the spur of the moment is just a matter of instinct. But showing the Grit and determination to face all odds over a period of 12 yrs is a commendable act ! We need to constitute awards for standing up on matters like this ! We need more satyandra dubey’s and people who stand the long road for justice and what is right againt all might of the world ! Way to and an example of our elderly generation !

Tags: Justice, soren, sashinath, court, syed, razik, satyandra, dubey, bravery Tags: , cnn ibn, news

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