HDIL

Maintain ‘overweight’ on HDIL, price target Rs 140

Maintain ‘overweight’ on HDIL with a March-2016 price target of R140 per share based on 8x cash ebitda and inline with the multiple used for other residential property developers.

Overweight on HDIL, target Rs 140: JP Morgan

We maintain overweight on Housing Development and Infrastructure (HDIL) with a price target of Rs 140 a share. Our March 2016 price target is based on 8x cash Ebitda and inline with the multiple used for other residential pr

Overweight on HDIL, target Rs 140: JP Morgan

Overweight on HDIL, target Rs 140: JP Morgan

Reiterate ‘overweight’ on HDIL with a target price of R140 a share. HDIL is one of the cheapest stocks (P/B) in the sector.

Outperform on HDIL, target Rs 104

We upgrade HDIL to 'outperform' (earlier 'underperform') with a target price of Rs 104 per share (earlier Rs 64).

Neutral on HDIL as pre-sales improve again: JPMorgan

HDIL’s Q2 EPS of R1.4/share came in better than expectations aided by gains on the sale of multiplex business.

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