Edelweiss Financial Services has buy call on Hemisphere Properties India Ltd. with a target price of Rs 162. The current market price of Hemisphere Properties India Ltd. is Rs 152.15. Time period given by analyst is Intra Day when Hemisphere Properties India Ltd. price can reach defined target.
Investment Rationale
Breakout from a trendline active since June. Realty sector has also given a fresh follow through
Promoter/FII Holdings
Promoters held 51.12 per cent stake in the company as of 30-Sep-2021, while FIIs owned 4.15 per cent, DIIs 0.73 per cent.
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