Ibull Housing Value Buy Or Trap?

Ibull Housing

Cmp – 405

Face value- 2

Book value – 385

Eps – 95

Dividend – 2000% ( Rs.40 FY19)

Dividend Yield – 10% (FY19)

52wk HIGH/LOW – 1397/405

Market cap – 19153cr

5yr HIGH – 1440 (29th Jan 2018)

5yr LOW – 384

Technical – Stock is in strong Bearish mode.If support of 384 is taken than there can be short term bounce or Else Stock can correct futher To 350/275/250 Zone also.

Merger With Lamxi vilas Bank :

Disc – All views expressed are personal and only for Educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

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