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HDIL
HDIL
HDIL aims to diversify from being just a TDR/FSI company
Along with the Mumbai International Airport (MIAL) project, HDIL has
expanded into residential launches, achieving healthy sales
With most projects coming up in Mumbai suburbs, we expect it to sell 18bn of
stock in FY11 and TDRs worth 12bn
Further it acquired slum rehabilitation projects in Santacruz (W) and near
BKC. Planning another 8-10m sqft of projects across the eastern & western
suburbs in the next 12 months
HDIL NAV as on Sep '11 is Rs.419 per share and currently stock price is
trading at approx. 38% discount to its NAV
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