The company has good fundamentals and is a zero debt company. Present RBI stand on increasing risk rating for realty has hit it like all realty companies but it will bounce back once market stabilises. Just see the rise on 04 Nov. However, it remains a high beta stock and will rise/fall more than overall market movement. My reading is a hold with price below 130. For those above this price line, avarage on dips.
I quite agree to jaqqihs`s comment about AnantRaj. I had been following this stock when it was considered as penny stock. and its Zero Debt Servicing really made it a favourite with Investment managers coupled with Close holding of promoters which they subsequently diluted very intelligently. Yes with a hit on the Reality Sector , every Tom Dick & Harry maember of it getting a blow and AnantRaj equally has its share. Keep holding to your chest around 125 level and any dip below that cud be an opportunity to average in lots. Might prove to be a Great Vault for your future.
| NIFTY 
