Thursday, September 15, 2016

CORAL INDIA FINANCE & HOUSING LTD (531556 ) :- BUY

Dear friends,

 

  Today we are discussing stock from housing finance & construction segment stock for medium to long term investments.



          CORAL INDIA FINANCE & HOUSING LTD

 

    Coral India Finance and Housing Limited is one of the Housing Development Company in India with two segments viz. Finance & Construction. Coral India Finance and Housing Limited group has developed projects spread across commercial complexes, residential developments. It has several ongoing projects. Each project bears a stamp of thoughtful solutions and highest quality. The company has specialists from India working on various aspects including design, landscaping, engineering and structural strength of each of the developments.

 

  The Company was incorporated with the objects to provide all types of Financial Services including bill discounting, Raising & placement of funds, placement of securities, advising on investments of funds, financial consultants, project counseling& advisory services etc., and to carry on business as Builders, Developers, Contractors for all types of Construction work, including land and property development and Real estate dealers.

 


  Promoter holding 73.96 % stake in company, coral finance posted 3.52 cr top line and 2.08 cr bottom line ( 60 % and 56 % jump from last year ) , in latest quarter ended June 2016,  expected  EPS for this year around 9. Coral finance having 79 book value, stock trading just 1 time to book value, is very low  compare to  peer group, coral finance is trading just 85 cr market cap but company's total investment  in  other stocks is now value around  100 cr !!!. The big triger in this stock is land value, company holding 20000 square meter land in  Thane. This company is debt free company.  so investor is getting real estate value free !!!!. Investor can buy this stock for medium to long term portfolio, this stock may give multiple return for investors. Stock is trading only in BSE  @ 86 level.


     Before buying any stock take advice from certified person.


     Disclosure :- I am holding this company's shares.





4 comments:

  1. your recomended pick
    JUPITER INFOMEDIA LTD runnig to goood---thnx

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