Trading at 27/- in NSE and BSE;
Company BUY BACK AT 40/- Target 45/- for short term.
Use this Market correction time to Buy with this very less risk Stock.Lot of News Coming out soon. Just Buy at 25/- hold 1 week to 1 month u will get good returns from 50% to 300% because Buyback at 40/- and company having lot of reserves and company having good land bank in Hyderabad, Uppal that land value is per share its come around 150/-.
Bhagyanagar India Buyback Shares price of 40/- is just at a 40% discount available in Market at 25.5/-. Buyback gives a signal that the company is cash rich. Good dividend giving company; giving every year 30% dividend.
Bhagyanagar India Ltd in the field of manufacturing of Copper and Telecom Products, Real Estate & INFRASTRUCTURE and Non Conventional Energy.
Bhagyanagar India Ltd has informed that M/s. Fab city SPV (India) Pvt Ltd, a subsidiary of APIIC has made an allotment of 25 Acers of land (initially 10 Acres and has reserved 15 Acres for future use) on lease in the Fab City, Hyderabad to the Joint Venture Company “M/s. Surana Ventures Ltd”, jointly promoted by the Company & M/s. Surana Telecom and Power Ltd for setting up the Solar Photo Voltaic Cell and Module Project. The JV Company has made the payment of lease premium and is awaiting the possession of land.
Further, the JV Company has placed firm orders for the supply of 19 MW Solar Photo voltaic production line each on M/s. ECO PROGETTI, of Italy and M/s. P Energy S.R.L of Italy for the 38 MW Solar Photo Voltaic Module project.
Bhagyanagar India Ltd has informed BSE that the Company, through its subsidiary M/s. Metropolitan Ventures India Ltd, has purchased 25 acres of land near the new Hyderabad International Airport.
Further, as reported earlier the Company has acquired 50 acres of land in a Multi-product SEZ, at Sricity near Chennai, which has now received formal approval from the Central Government.
The Company has also commenced work on the hardware park and residential projects near Hyderabad.
Bhagyanagar Metals Ltd has informed that the Company has completed acquisition of 25 acres of land at Gadchibowli, Hyderabad through its 100% owned subsidiaries M/s Bhagyanagar Properties Ltd and M/s Scientia Infocom India Ltd.
Gadchibowli is the main IT park location where prime companies have their Campus.
Bhagyanagar India Ltd has informed that the Company has finalized plans to set up an IT park at Hyderabad with a total outlay of about Rs 120 Crores and with a built up area of 800,000 sft in 6 acres of plot, out of 12 acres. The Company has sold the balance 6 acres of land to M/s. Himadri Enterprises Pvt Ltd, Mumbai. The proceeds of this sale will be used for constructing the IT Pork, which would include a shopping center and Entertainment Complex.
And recently company try to get Infra Projects also.
Good Dividend Paying Company; Equity Just 14 Crores; Promoters Holding 59.75%.
Good Land Bank in Hyderabad, Chennai .
Good land bank in the heart of Hyderabad at uppal which itself is as asset for the company. with a valuation of 150rs/share holder.
Buy at current price trading at 25/- with target of 45/- and 55/- within short time.
Bhagyanagar India Buyback Shares price of 40/- is just at a 40% discount available in Market at 25.5/-. Buyback gives a signal that the company is cash rich. Good dividend giving company; giving every year 30% dividend.
Bhagyanagar India Ltd in the field of manufacturing of Copper and Telecom Products, Real Estate & INFRASTRUCTURE and Non Conventional Energy.
Bhagyanagar India Ltd has informed that M/s. Fab city SPV (India) Pvt Ltd, a subsidiary of APIIC has made an allotment of 25 Acers of land (initially 10 Acres and has reserved 15 Acres for future use) on lease in the Fab City, Hyderabad to the Joint Venture Company “M/s. Surana Ventures Ltd”, jointly promoted by the Company & M/s. Surana Telecom and Power Ltd for setting up the Solar Photo Voltaic Cell and Module Project. The JV Company has made the payment of lease premium and is awaiting the possession of land.
Further, the JV Company has placed firm orders for the supply of 19 MW Solar Photo voltaic production line each on M/s. ECO PROGETTI, of Italy and M/s. P Energy S.R.L of Italy for the 38 MW Solar Photo Voltaic Module project.
Bhagyanagar India Ltd has informed BSE that the Company, through its subsidiary M/s. Metropolitan Ventures India Ltd, has purchased 25 acres of land near the new Hyderabad International Airport.
Further, as reported earlier the Company has acquired 50 acres of land in a Multi-product SEZ, at Sricity near Chennai, which has now received formal approval from the Central Government.
The Company has also commenced work on the hardware park and residential projects near Hyderabad.
Bhagyanagar Metals Ltd has informed that the Company has completed acquisition of 25 acres of land at Gadchibowli, Hyderabad through its 100% owned subsidiaries M/s Bhagyanagar Properties Ltd and M/s Scientia Infocom India Ltd.
Gadchibowli is the main IT park location where prime companies have their Campus.
Bhagyanagar India Ltd has informed that the Company has finalized plans to set up an IT park at Hyderabad with a total outlay of about Rs 120 Crores and with a built up area of 800,000 sft in 6 acres of plot, out of 12 acres. The Company has sold the balance 6 acres of land to M/s. Himadri Enterprises Pvt Ltd, Mumbai. The proceeds of this sale will be used for constructing the IT Pork, which would include a shopping center and Entertainment Complex.
And recently company try to get Infra Projects also.
Good Dividend Paying Company; Equity Just 14 Crores; Promoters Holding 59.75%.
Good Land Bank in Hyderabad, Chennai .
Good land bank in the heart of Hyderabad at uppal which itself is as asset for the company. with a valuation of 150rs/share holder.
Buy at current price trading at 25/- with target of 45/- and 55/- within short time.
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