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Indian Real Estate company – Vipul


Vipul is a mid-cap stock in the Indian real estate industry, and the company’s stock is trading at attractive pricing and much lower valuation than 2-3 years back because most real estate companies are emerging from difficult times on 2008-2009. While Mumbai real estate companies like Orbit Corp and Peninsula Land are delivering strong QoQ numbers, other real estate companies in India like Vipul (Delhi based) are lagging behind in terms of demand strength. But demand will return strongly across metros and lareg cities, in a year or so when the Indian economy returns to full steam. That scenario makes Delhi based real estate companies like Vipul a good buy today. The market cap is about Rs 275 cr for land and building assets of over 1400 cr. Continue reading Indian Real Estate company – Vipul