Standard Industries Ltd:
Huge upside. Can be even 8x in 3-4 years
1) Has 63 acre land in Ghansoli N Mumbai where going rate is Rs 18-22 cr per acre. SIL thru JV with a big brand developer of Mumbai will get 300+cr cash and 6 lac s f built up area of I.T. park. It will fetch 40+cr lease rent annually
In this city, Cidco had sold residential plots @ 90 cr/ acre
2) SIL owns 30000 s f in Stanrose Aptmnt sea facing prime location. Value 150+cr
3) SIL also has 16835 s f plot in Sewree Mumbai. Value Rs 180 cr approx
4) Finally SIL has 3200 acre ( yes 3200) Salt Pan land in Surat
Best play in real estate segment
Downside negligible
A definite multibagger
Huge upside. Can be even 8x in 3-4 years
1) Has 63 acre land in Ghansoli N Mumbai where going rate is Rs 18-22 cr per acre. SIL thru JV with a big brand developer of Mumbai will get 300+cr cash and 6 lac s f built up area of I.T. park. It will fetch 40+cr lease rent annually
In this city, Cidco had sold residential plots @ 90 cr/ acre
2) SIL owns 30000 s f in Stanrose Aptmnt sea facing prime location. Value 150+cr
3) SIL also has 16835 s f plot in Sewree Mumbai. Value Rs 180 cr approx
4) Finally SIL has 3200 acre ( yes 3200) Salt Pan land in Surat
Best play in real estate segment
Downside negligible
A definite multibagger
sir still holding Triveni glass past one year. no return
ReplyDeleteSir, A big Thank U. Like many of your previous suggestions, SIL also has started giving returns. Entered @ 25, already 30+. Good work indeed ! Keep it up, Sir !!
ReplyDeleteGreat Info! Thanks a lot for sharing!!!
ReplyDelete"K Raheja Corp to buy Standard Industries’ 62.2 acre Navi Mumbai plot for Rs 355 crore
Read more at:
http://economictimes.indiatimes.com/articleshow/53969375.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst"
One doubt i have is whether Standard Ind is going to get 6,00,000 sf of office space as part of the agreement? Coz, the news doesn't say anything about such a thing. Please, shed some light on this if there is any update.
Why promoter holding is only 20% ?
ReplyDelete