Is real estate looking up? 2 builder IPOs may be signal of better times ahead

THE ECONOMIC TIMES Fri, Mar 24, 2017 | 06:22 AM IST ET Investment Opportunities

NOT TO MISS #Stocks In News,#Recos,#Expert Views,#IPOs,#Commodities

Is real estate looking up? 2 builder IPOs may be signal of better times ahead The IPO Shankara Building Product, which hit the market today, is seen by some industry watchers as sign of improved investor confidence on the sector. The MD who quit MNC to run home-grown D-Mart makes a cool Rs 900 crore from IPO Avenue Supermarts IPO prospectus showed that 42-year-old Noronha held 1.37 crore shares of the company. Know Dolly Khanna? This lady made a killing on an average stock and how! She is sitting on healthy gains and holds around 1.60 per cent stake in the company, according to the latest shareholding data available on the BSE website. Midcaps' valuation premium to large stocks scares many; selloff on the cards? The BSE Midcap's trailing 12-month earnings multiple stood at 30.70, way higher than the Sensex's; this space been rallying since '14, when BJP came to power.

Advertorial Find Your Kingdom A world that people said was just 'make believe, but to us, it was as real as real could be. We envisioned our own kingdom, a beautiful and luxurious castle that belonged, entirely to us. Advertorial How to Make Tax Saving Investments Less Taxing with an SIP in ELSS No sacrifice can be too big for you to realize your dreams.

How EPF boost to housing sector may cure banks' NPA migraine Reeling under a wave of soured corporate debt that's tainted almost a sixth of their total loan book, state-run banks should also embrace this opportunity. Avenue listing helps Damani race past Anil Ambani, Rahul Bajaj on billionaire list Damani saw a stellar debut of his company Avenue Supermarts, which skyrocketed 111% over issue price, pegging the m-cap of the co at Rs 39,300 crore. Sectoral funds outpaced peers in last 10 years: But they're not for faint-hearted Sectoral funds focused on FMCG, pharma and banking sectors have delivered annualised returns of 19.35%, 17.68% & 17.61% (CAGR), respectively, in this period. Top 10 trading strategies to use over the next 10-12 sessions A sustained trade beyond 8,950 may extend the bull run to 9,225-9,575. But if Nifty50 slips below the key support level at 8,950, it can trigger corrections.

Advertorial Four ways to get much more than tax savings with Birla Sun Life Tax Relief 96' Every year, most investors in India invest in saving investments for tax deductions. Advertorial Why Birla Sun Life tax relief 96 could be the first equity fund for young investors Call it the wages of demonetization, if you will. Thanks to the government move to scrap existing Rs 500 and Rs 1,000 notes in November, 2016, many young Indians in their first job, never had such large account balances.

Old isn't gold always! These 19th century firms failed to reward investors in last 5 years More than half of the 10 stocks incorporated in the 19th century have failed to offer healthy returns to investors over the past three and five years. Stock rally coming to end? These metrics say India worst among emerging markets After Nifty rose to a record high, experts say India is the least attractive developing nation due to its relatively expensive stocks, bonds and currency.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Bohra Industries Ltd. 51.00 - 55.00 23-03-2017 27-03-2017 Euro India Fresh Foods Ltd. 78.00 21-03-2017 24-03-2017 Octaware Technologies Ltd. 90.00 17-03-2017 24-03-2017 Shankara Building Products Ltd. 440.00 - 460.00 22-03-2017 24-03-2017 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Birla SL FTP - Series OJ (1136 Days) Direct-G Debt: FMP Closed-end 14 Mar 2017 28 Mar 2017 5,000 Birla SL FTP - Series OJ (1136 Days) Reg-DQ Debt: FMP Closed-end 14 Mar 2017 28 Mar 2017 5,000 Birla SL FTP - Series OJ (1136 Days) Reg-D Debt: FMP Closed-end 14 Mar 2017 28 Mar 2017 5,000 Birla SL FTP - Series OJ (1136 Days) Reg-G Debt: FMP Closed-end 14 Mar 2017 28 Mar 2017 5,000 Birla SL FTP - Series OJ (1136 Days) Direct-DQ Debt: FMP Closed-end 14 Mar 2017 28 Mar 2017 5,000 More >>

Real Estate News

Realty queries: Things to consider before buying a property While buying a property, one must ensure the legal status of the property such as no outstanding dues are pending or NOC is complied.

Government approves 1.10 lakh houses for urban poor in 6 states Madhya Pradesh has been sanctioned a total of 27,475 new houses, Bihar 25,221 houses, Jharkhand 20,099 houses and Odisha 2,115 houses.

NoBroker is on a mission to make property dealers redundant This real estate startup is trying to succeed where others have failed - making Indian real estate deals free of brokerage.

Why urban Indians are heading to buy weekend homes Urban India's increasing quest for solitude is turning places like the Himalayas & the countryside around Mumbai into vacation-home hotspots.

High court rap for Monarch Group in loan default case Bombay High Court restrained realty developer Monarch Group from creating third-party rights in three of its residential projects in Mumbai in a matter related to a loan and interest default of over Rs 61 crore.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   SBI Long Term Advantage Fund Series IV Direct-D Equity: Tax Planning Closed-end 30 Dec 2016 29 Mar 2017 500 SBI Long Term Advantage Fund Series IV Direct-G Equity: Tax Planning Closed-end 30 Dec 2016 29 Mar 2017 500 SBI Long Term Advantage Fund Series IV Reg-D Equity: Tax Planning Closed-end 30 Dec 2016 29 Mar 2017 500 SBI Long Term Advantage Fund Series IV Reg-G Equity: Tax Planning Closed-end 30 Dec 2016 29 Mar 2017 500 Sundaram Top 100 Series - VII Reg-G Equity: Large Cap Closed-end 01 Mar 2017 24 Mar 2017 5,000 More >>

Views and Recommendations

Buy Lupin, target Rs 1510 : Nirmal Bang Securities 23 March, 2017, 12:37 PM IST Buy Lupin Ltd. at a price target of Rs 1510 and a stop loss at Rs 1455 from entry point buy Buy Shree Pushkar Chemicals & Fertilisers Ltd. with a target of Rs 190 – Nirmal Bang Securities 23 March, 2017, 12:36 PM IST Buy Shree Pushkar Chemicals & Fertilisers Ltd. with a target of Rs 190 and a stop loss of Rs 182 Sell Canara Bank, target Rs 274 : Reliance Securities 23 March, 2017, 12:35 PM IST Sell Canara Bank at a price target of Rs 274 and a stop loss at Rs 288 from entry point sell Buy NCC Ltd. target Rs 88 : Nirmal Bang Securities 23 March, 2017, 12:34 PM IST Buy NCC Ltd. at a price target of Rs 88 and a stoploss at Rs 80 from entry point

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2017 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here