Want news about Ansal Properties & Infrastructure to land in your mailbox?


Stay invested in real estate
As the markets opened in the green, it looks like the uptrend is likely to continue. The markets have seen phenomenal moves over the past couple of days, and one of the sectors that has certainly been riding the tide is real estate. As the market sentiment suggests strong buying, experts advise how to trade in the space now.
It makes ample sense to stay invested in sectors like real estate, where the momentum is very strong. Sajiv Dhawan of JV Capital Services says, “Remain invested in real estate; those stocks are booming once again.”
Judging the sector as a whole, the fundamentals are very strong, that’s evident. Dhawan cautions, “Keep your stop losses in.”
“Once you are in that sector there is no looking back, it has been an amazing performer for the last six months to one year,” he affirms.
However, he recommends to go in for top-notch firms first and then diversify into smaller companies in the space.
Within the space, Dhawan’s favourite picks are Unitech, Ansal, Bombay Dyeing, Indiabulls and Mahindra Gesco.
He believes that even in the midcap space, real estate has good picks, not only for short-term traders, but also for long-tern investors.
While Unitech is being recommended, a lot of investors feel that the current valuations are not justified. So from that perspective, Dhawan agrees that it would be difficult for fresh investors to enter the stock now.
On the other hand, he suggests stocks like Mahinder Gesco or Bata for fresh investors. “Look at some other stocks like Mahinder Gesco, which took a big beating and has bounced back very sharply, and some of the indirect plays like Bata. There is a real estate story that might be the next one to pick up.”
Investment advisor PN Vijay shares the general outlook on Unitech. “It is terribly over-valued in terms of P/E multipliers,” he informs.
According to Vijay, the stock is sort of reinventing itself. “With the type of growth and the pan India presence that Unitech is generating, people are looking at that stock seriously.”
“I think it is a fantastic but a very aggressive play,” he adds.
As a safer bet, Vijay recommends Peninsula Land. “The valuations are much more somber and they are in Mumbai where a lot of redevelopment of mill properties is going on at a fast pace. So here the risk is less, the reward may be less, but this is also a good real estate stock,” he informs.
By Crystal Barretto
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
Saugata Banerjee
CEO
Usha Martin Education & Solutions Ltd
To roll out 12 schools in next few weeks: Usha Martin Edu
RP Gupta
CMD
Shiva Cement
Shiva Cement to consider proposal for setting up 25MW plant
Arnab Banerjee
Vice President of Marketing and Sales
Ceat
To hike prices by more than 2%: Ceat
Pramod Arora
President
PVR
PVR expects 35% occupancy for IPL matches
-
Most Read
-
Most Viewed
- 8 stocks that were buzzing last week, how to trade them now

- Q4 results to trigger mkt upmove: PN Vijay

- Sudarshan Sukhani's top five picks for today's trade

- IL&FS Trans IPO may be priced at higher end of band: Enam

- Have sugar stocks bottomed out? SP Tulsian answers

- No liability whatsoever on Bharti Airtel: Manoj Kohli
- IN PICS: How much advance tax did Bollywood pay?
- Don't see sustainable move above 5200-5300 level: CLSA

- Persistent Systems fixes IPO price band at Rs 290-310/sh
- India Inc Q4 advance tax nos a mixed bag

- Hero Honda may set up 4th plant in Himachal Pradesh
Source: Business Line
- How to Paint a Dead Man
Source: ft.com
- CNOOC to pay $3.1bn for Argentine stake
Source: ft.com
- The Conman
Source: ft.com


















