Dear Raunak bhai and SM Bro,
This question is regarding IBREal Estate.
It seems that IBRL is planning for a stock split for IBRL INdia Bulls power and Infra.
It is a debt free company.
Heard from my friend that RBS has re rated IBRL YOY target of 250 rs.
But Edelweiss rating status of IBRL to be fundamentally weak company.
Ranking - 4 out of 10.(May be rated few months back).
Looks like Anant raj and IBRL looks fundamentally very strong in the sector.
Request to explain in details about the fundamental valuation of IBRL.
TIA.
Best Regards,
JK