Rangebound since 2021
Showing signs of accumulation 📦
Cheap on Price-to-Book basis vs peers
Low public float → can move fast on news ⚡
Bull factors:
Undervalued vs peers (DLF, Godrej Prop)
Reviving real estate sector in Tier 2/3
Rental income to kick in from Omaxe Chowk 💰
Debt reduction plans are underway
high debt is a concern & project delay may be a concern
Keep on watchlist 📋 or consider small allocation with a long-term view. 🚧
short term traders follow chart.
Showing signs of accumulation 📦
Cheap on Price-to-Book basis vs peers
Low public float → can move fast on news ⚡
Bull factors:
Undervalued vs peers (DLF, Godrej Prop)
Reviving real estate sector in Tier 2/3
Rental income to kick in from Omaxe Chowk 💰
Debt reduction plans are underway
high debt is a concern & project delay may be a concern
Keep on watchlist 📋 or consider small allocation with a long-term view. 🚧
short term traders follow chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.