AJMERA trade ideas
Ajmera Realty & Infra India LtdTARGET AND STOPLOSS IN CHART
Management expecting good growth till FY 25. Upcoming 3 projects will be key
1. Central Mumbai 1 - Bhandup SRA
2. Central Mumbai 2 - Kanjur Marg
3. Vikroli Project
Manhattan sales are moving up steadily.
Greenfinity, sikova will be completed in next qtr.
Nucleus commercial is ready and company expecting 100 cr revenues from it after sales
Market Cap
₹ 1,359 Cr.
Current Price
₹ 383
Stock P/E
16.8
Book Value
₹ 218
Dividend Yield
0.59 %
ROCE
8.34 %
ROE
9.64 %
Face Value
₹ 10.0
Promoter holding
69.7 %
EPS last year
₹ 20.2
EPS latest quarter
₹ 5.94
Debt
₹ 826 Cr.
Pledged percentage
7.88 %
Net CF
₹ 3.88 Cr.
Price to Cash Flow
9.93
Free Cash Flow
₹ 133 Cr.
Debt to equity
1.07
OPM last year
28.9 %
OPM 5Year
28.6 %
Reserves
₹ 738 Cr.
Price to book value
1.76
Int Coverage
3.55
PEG Ratio
-6.08
Buy AJMERA for Long Term InvestmentThere is a channel breakout in monthly chart for the NSE:AJMERA .
This stock can be added for long term portfolio investment. This has the potential to give 4 times the investment in 3 to 5 years.
RSI and PSAR are indicating incremental buying signals.
Follow the channel for frequent updates.
Rounding bottom BO in AJMERAIn addition to previous idea 'Possibilities in Ajmera Realty & Infra India Ltd', it can be noted that there is breakout of rounding bottom pattern and a straight line resistance of about two and half years.
Disclaimer - This is just for educational purpose and not a trading or investment advise.
Possibilities in Ajmera Realty & Infra India LtdThree major possibilities in Ajmera price action. It has resistance zone of 235-250, Level of 290 and 350+ is possible if price able to break the resistance zone, else it might come down to 200 levels, there is also chance of consolidation between the range of 235-250. Considering price action of last few days, I am on upper side :)
Disclaimer - This is just for educational purpose and not a trading or investment advise.