Hariprakash Pandey, CFO, HDIL says the company saw the strongest Q3FY15 pre-sales in three years.
HDIL has gained over 3 percent post an upgrade by brokerage house Macquarie. The brokerage has upgraded the stock to outperform from underperform.
Speaking to CNBC-TV18 Hariprakash Pandey, CFO, HDIL says the company is on a purple patch as it has seen the strongest Q3FY15 pre-sales in three years.
" We have an average run rate of Rs 400 crore pre sales per quarter. With our execution back on full scale and hopefully interest rates being low, we aim to deliver pre sales of Rs 500 crore per quarter soon," he adds.
The company has significantly pared its debt from Rs 4100 crore last year to Rs 3200 crore.
"We are also looking to cut it to Rs 2500-2600 crore in the next one year. We expect the sales momentum to aid this leveraging," he further adds.
Transcript to follow soon.
HDIL stock price
On January 27, 2015, at 14:12 hrs Housing Development and Infrastructure was quoting at Rs 84.35, up Rs 4.50, or 5.64 percent. The 52-week high of the share was Rs 113.85 and the 52-week low was Rs 38.70.
The company's trailing 12-month (TTM) EPS was at Rs 7.02 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 12.02. The latest book value of the company is Rs 248.81 per share. At current value, the price-to-book value of the company is 0.34.
Anda sedang membaca artikel tentang
Eye Rs 2500 debt by next yr; pre-sales to improve: HDIL
Dengan url
https://kesehatanda.blogspot.com/2015/01/eye-rs-2500-debt-by-next-yr-pre-sales.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Eye Rs 2500 debt by next yr; pre-sales to improve: HDIL
namun jangan lupa untuk meletakkan link
Eye Rs 2500 debt by next yr; pre-sales to improve: HDIL
sebagai sumbernya
0 komentar:
Posting Komentar