Today is the last day of F&O expiry. For last five days very good
correction have happened and now it is right time to add certain value
stocks which have potential to become block blaster stocks. Unity Infra
is a story which is becoming more interesting and healthy. A company
which is growing at 22% compounded for last three fiscal in the tightest
monetary condition deserves strong accumulation at Rs.40 levels. This
is a company in addition to growth also paying attractive dividend
consistently. Future growth is assured for next two years as company is
sitting on huge Rs.5000 crores orders. A further cut in the interest
rates shall be added bonus. This is one particular stock one must added
on delivery basis with out any stop loss as down side is very limited
while on the up side it can go any height beyond our imagination.
The best way to keep in touch with the most emerging growing Indian stock market is by following Indian stock ideas.... ideas that rocks.
At the current rate of Rs 40.5, the stock is trading at a trailing P/E of 2.9. This is at a discount to its peers like Pratibha Industries and Simplex Infra, which are trading at a PE of 5.7 and 11.6, respectively. In other words if we give same PE ratio that of Pratibha then stock price of unity infra works out to Rs74 per share. This is the reason why unity infra is strong value buy at Rs.41 levels. Keep adding on decline to make bumper killing in time to come.
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