Research Head (MONEY MAKER
RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one
can go long in IB VENTURE.
“IB VENTURE is the stock
which I would recommend to buy above Rs 288; this can see a upside to
levels closer to Rs 300 - 305 zones, keep stop loss below Rs 270”.
The origination of the low
cost housing efforts and Real Estate Bill will provide an urgue to
sales and the Company is geared to take leverage of the same through
its realty distribution business.
Company has a given a good
return on equity (ROE) track record: 3 Years ROE 32.08% & also
maintaining a healthy dividend payout of 60.68%.
Stock also has been gaining
for the last 7 days and has risen 24.59% in the period & Price
has risen by 7.13% and Vol has risen by 51.97%.
IB VENTURE was closed 6.95 per
cent up today at Rs 283.75 at NSE.
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