Market Prediction

Buy GANESH HOUSING Around CMP For A Target Of 1600

Buy GANESH HOUSING Around 1-2% of CMP With A Strict Stoploss Of 1120 & Target Of 1600.

Expected Potential Upside Expected 24-26%

Our Research Report

• Stock is in a long-term uptrend and is now consolidating very close to its ATHs. 

• Stock outperforming Nifty in both 1 Wk & 3 Month time-frames.

• Leading residential developer across mid and higher income segment; Enviable track record of identifying several high potential locations and converting them into prime locations

• Net Debt-free for more than last 10 quarters and highly confident in maintaining a strong capital structure in the quarters ahead.

• The company has significant land reserves for future growth with ~500 acres of land reserves in strategic locations across Ahmedabad.

• Sector Tailwind – The stock is set to benefit from the Interest rate reduction expected in the next RBI Policy meeting.

Disclaimer for All Stocks Covered in this Report
1)SEBI Registration Status

- SEBI Registered Research Analyst 

2)Whether the research analyst or research entity or his associate or his relative has any financial interest in the
subject company/companies and the nature of such financial interest.

- No

3) Whether the research analyst or research entity or its associates or relatives have actual/beneficial ownership of
one percent or more securities of the subject company (at the end of the month immediately preceding the date
of publication of the research report or date of the public appearance)

- No

4) Whether the research analyst or research entity or its associates or his relative has any other material conflict of
interest at the time of publication of the research report or at the time of public appearance.

- No

5)Whether it or its associates have managed or co-managed public offering of securities for the subject company in
the past twelve months

- No

6)Whether it or its associates have received any compensation for products or services other than investment
banking or brokerage services from the subject company in the past twelve months.

- No

7)Whether it or its associates have received any compensation for Investment banking or merchant banking or
brokerage services from the subject company in the past twelve months.

- No

8)Whether the subject company is or was a client during twelve months preceding the date of distribution of the
research report and the types of services provided.

- No

9)Whether the research analyst has served as an officer, director or employee of the subject company.

- No

10)Whether the research analyst or research entity has been engaged in market making activity for the subject

- No 

DISCLAIMER & DISCLOSURE 

Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee
performance of the intermediary or provide any assurance of returns. Past performance is not indicative of future results.