HDIL could be a multibagger with five year point of view, says PN Vijay, Portfolio Manager.
HDIL could be a multibagger with five years point of view, says PN Vijay, Portfolio Manager.
Vijay told CNBC-TV18, "There could be a bottom somewhere in the real estate sector in India because the correction here has been very severe and many other good companies at least have taken some very strong measures to cut the debt and improve the occupancy if you will like to call that. That is an amount of flats and offices sold as compared to the new."
He further added, "If you look at some other statistics coming out, the new additions are becoming very slow. Unfortunately, in India we don