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HomeSHARE MARKETBuy This ₹212 Government Share Before Budget; Looking Attractive For Investment

Buy This ₹212 Government Share Before Budget; Looking Attractive For Investment

Budget 2024 Pick: The budget for the first time in the 3rd term Modi government will be announced on the 23rd of July. Finance Minister Nirmala Sitharaman will unveil the annual budget.

The budget has created a stir in the market. In such a situation, there are many stocks, which are looking attractive for investment. 

Many stocks are available at a good price in these. A renowned market expert has brought ‘Cheap Shares within your budget’.

He has advised buying shares of government company Hemisphere Properties India Ltd (NSE: HEMIPROP) before the budget. This stock should be bought within a timeframe of 1-3 years.

Hemisphere Properties India Ltd: What Are The Buy Targets?

The expert has chosen Hemisphere Properties India Ltd as a cheap stock in your budget. This stock should be held for 1-3 years for 275, 300, and 400. 

On January 30 this year also, market expert had advised buying this stock. You can keep this stock for a long period.

Expert’s Advice

Market expert says this government company has 740 acres of land bank in 4 big cities Mumbai, Delhi, Chennai, and Pune. Work has started on the development of land in Pune. 

Its response is also good. The value of the company’s land bank is believed to be 15-20 thousand crores. 

Whereas the market of the company is only Rs 5700 crores. That is, the value of the company’s land bank is about three times. 

In this way, the price of land per share comes out to be more than Rs 500.

Market expert says SIP should be done on every 10 percent fall in this stock. Place this stock into the portfolio and then remove it. 

It will give good returns as compared to FD. Purchase it from an investment standpoint.

Hemisphere Properties India Ltd Stock Performance

Current Price₹ 214
52-wk High₹ 265 
52-wk Low₹ 98.2
5 Days Return10.37%
1 Month Return12.30%

Key Fundamentals Parameters

Market Cap₹ 6,110 Cr.
Stock P/E
Book Value₹ 12.5
Dividend0.00 %
ROCE-1.37 %
ROE-2.72 %
Face Value₹ 10.0
P/B Value17.2
OPM-2,550 %
EPS₹ -0.34
Debt₹ 62.3 Cr.
Debt to Equity0.17

Hemisphere Properties India Ltd Shareholding Pattern

Promoters Holding
Mar 202351.12%
June 202351.12%
Sept 202351.12%
Dec 202351.12%
Mar 202451.12%
FII Holding
Mar 20231.32%
Jun 20231.12%
Sep 20230.62%
Dec 20230.72%
Mar 20241.14%
DII Holding
Mar 20230.32%
Jun 20230.32%
Sep 20230.35%
Dec 20230.35%
Mar 20240.33%
Hot Stocks Alert Join
Public Holding
Mar 202347.25%
Jun 202347.46%
Sep 202347.91%
Dec 202347.79%
Mar 202447.41%

Hemisphere Properties India Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 0.00 Cr
2021₹ 0.00 Cr
2022₹ 0.00 Cr
2023₹ 2.00 Cr
2024₹ 0.52 Cr

Last 5 Years’ Net Profit:

2020₹ -0.76 Cr
2021₹ -7.45 Cr
2022₹ -14.86 Cr
2023₹ -6.47 Cr
2024₹ -9.82 Cr

Conclusion

This article provides a detail guide about Hemisphere Properties India Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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