Its nice to see you taking interest in Vipul.

I think this fall is a good opportunity to accumulate this stock. I have been trying to do some indepth work on this company and come out with the workings, if any.

Yes, their projects are of big size and high quality and land bank quality is also good.

Thanks & Regards,

Any updates on Vipul?
Have fallen from 70 to 45 with huge volumes (couple of bulk deals).

Results were quite decent. Also in a recent Analyst meet they said that they expects Rs 1200 crore of receivable from its various ongoing projects.

How do you read these developments? Can this stock be accumulated at these levels?

Thanks for your appreciation.

Actually I have been following Vipul Ltd for a long time and when I was in gurgaon, I had seen their projects…they are big, beautiful and of high profile. Vipul is a very well known and reputed player of Gurgaon and if one considers their projects and land bank there, the stock is highly undervalued.

I’m unable to post a detailed report on it as valuation of real estate companies is not easy without more than public domain information.

Regards,

Thanks for the wonderful analysis of Manushree. It was outstanding.

Could you please post your views (logic details) on Vipul Ltd.

Regards,
Manmohan

I had shares of Sicagen earlier (post demerger) but i sold out sometimeback. This co does has a tempting BV but the same is locked in terms of loans and advances.

The negative is that the company is not making much of profits and hence on the PE basis etc it doesn’t offers value as such. More digging is needed.

I’ll try to read more about it and revert if needed.

As we both are from the same city, plz email over your details etc…will like to get in touch.

Regards,
Ayush