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Jainam recommend investors to 'Subscribe' to the Hudco IPO - IndiaNotes.com
Jainam recommend investors to 'Subscribe' to the Hudco IPO
Jainam Research | Published: 08 May, 2017  | Source : IndiaNotes.com

We at Jainam Wealth recommend our investors to "SUBSCRIBE" to the Housing And Urban Development Corporation Ltd. IPO considering wholly-owned Government company with more than 46 years of experience, key role in various government schemes to develop Indian housing & urban infrastructure sectors, lower cost funding, ability to significantly increases its borrowing, pan India presence, robust financial and profitable since inception. Company available at P/E of 15x on FY16 EPS and 1.42x P/BV on upper price band.


Price Band Rs.60 - 56 (Price Discount of Rs. 2/- is available for retail category). Issue open on 8th May and close to 11th May. Market Lot 200 Shares.

 



About Jainam Research

Jainam Research was incorporated in 2003 with the vision to be the most preferred organization providing all financial services across the country. The foundation is on "Value" Systems - "Value" addition to Corporate, Retails and HNI Individuals through superior Wealth Creation Practices.

 

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.