Scripscan:Radhe Developers (India) Ltd
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Code:531273
Story:Radhe Developers (India) Limited engages in promoting, constructing, and developing residential and commercial complexes in India. The company primarily involves in the construction of amenities and facilities, club houses, residential and commercial buildings, apartments, farmhouses, and malls.The company has planned to build township near Ahmedabad.Radhe Developers' other projects in Ahmedabad include Emerald Park, Radhe Armaan, and Olympus Mall.In the past, Radhe Developers has undertaken residential and commercial projects like Taksshila, Mandar Bungalows, Tulsi, Ganesh Plaza and Abhinav Arcade to name a few.The company is also in talks with other real estate developers as well as hospitality players for acquisitions and joint ventures.Major thrust on infrastructure development supported by regulatory reforms by the government will provide considerable opportunities to the company for achieving future business growth.The company has got thousands of acres of land in Vadodara where the value is much superior than the present market cap of the company.On a NAV basis it deserves a higher price.Radhe Developers (India) reported net loss of Rs 0.30 crore in the quarter ended March 2012 as against net loss of Rs 0.27 crore during the previous quarter ended March 2011. There were no sales reported in the quarter ended March 2012 and during the previous quarter ended March 2011.For the unaudited full year, net loss reported to Rs 1.52 crore in the year ended March 2012 as against net loss of Rs 0.60 crore during the previous year ended March 2011. There were no sales reported in the year ended March 2012 as against Rs 1.00 crore during the previous year ended March 2011.Present financial numbers are just nothing to talk about.However the promoters have been on a buying spree for quite sometime now which gives a positive hunch about the company.Any decent announcements or robust future numbers would help the company to regain higher levels in the bourses.
cmp:8
Code:531273
Story:Radhe Developers (India) Limited engages in promoting, constructing, and developing residential and commercial complexes in India. The company primarily involves in the construction of amenities and facilities, club houses, residential and commercial buildings, apartments, farmhouses, and malls.The company has planned to build township near Ahmedabad.Radhe Developers' other projects in Ahmedabad include Emerald Park, Radhe Armaan, and Olympus Mall.In the past, Radhe Developers has undertaken residential and commercial projects like Taksshila, Mandar Bungalows, Tulsi, Ganesh Plaza and Abhinav Arcade to name a few.The company is also in talks with other real estate developers as well as hospitality players for acquisitions and joint ventures.Major thrust on infrastructure development supported by regulatory reforms by the government will provide considerable opportunities to the company for achieving future business growth.The company has got thousands of acres of land in Vadodara where the value is much superior than the present market cap of the company.On a NAV basis it deserves a higher price.Radhe Developers (India) reported net loss of Rs 0.30 crore in the quarter ended March 2012 as against net loss of Rs 0.27 crore during the previous quarter ended March 2011. There were no sales reported in the quarter ended March 2012 and during the previous quarter ended March 2011.For the unaudited full year, net loss reported to Rs 1.52 crore in the year ended March 2012 as against net loss of Rs 0.60 crore during the previous year ended March 2011. There were no sales reported in the year ended March 2012 as against Rs 1.00 crore during the previous year ended March 2011.Present financial numbers are just nothing to talk about.However the promoters have been on a buying spree for quite sometime now which gives a positive hunch about the company.Any decent announcements or robust future numbers would help the company to regain higher levels in the bourses.
