PROZONE INTU PROPERTIES LTD
A HIGH CONVICTION BET .
Company overview :
Prozone Intu properties is a joint venture between Provogue India and Intu Properties Ltd to create world class shopping centers and associated mixed use of developments across the country .
Business Overview :
In the first phase of development ,the company has identified 6 projects all based in upcoming tier -II cities of the country including Aurangabad , Coimbatore , Nagpur , Indore and Mysore.
NOTE : LAND BANK IS FULLY PAID .
OUTLOOK :
Ace Investor Mr.Rakesh JhunJhunwala owns 2.0% . Sandeep Raheja of Raheja constructions who owns Inorbit mall owns little less than 3.0% . SBI MAGNUM BALANCED FUND has consistently stake for the last 4 quarters .
The company also has international investors like Triangle Fund , LTG , etc .
I expect Prozone Intu to give 80-100% returns in the next 12 months . Currently trading around 26.10
Prozone intu is a garbage stock.
ReplyDeleteU don't buy !!!
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