PGINVIT Has finally given a golden crossover after almost 2.5 years after its death cross in 2022 @ 128-129 level. RBI interest rate cut has certainly reduced the discount rate on future cash flows, but can the momentum stay on especially when the cash inflows are expected to reduce in FY26 as per the management speak. If it can maintain a payout of 12 rupee per share it will be great , however even a 8.5-10 rupee per share it is worth the while. Anything lower will lead to disappointment.
PGINVIT Has finally given a golden crossover after almost 2.5 years after its death cross in 2022 @ 128-129 level. RBI interest rate cut has certainly reduced the discount rate on future cash flows, but can the momentum stay on especially when the cash inflows are expected to reduce in FY26 as per the management speak. If it can maintain a payout of 12 rupee per share it will be great , however even a 8.5-10 rupee per share it is worth the while. Anything lower will lead to disappointment.
