CMP: 158


Housing Development & Infrastructure Limited is real estate development company. The Company's services include residential, commercial, and retail real estate development.

HDIL is a safe bet at current valuations. Realty and Infrastructure as a whole took a beating, taking fundamentally good stocks also lower. HDIL is a value buy at current P/E levels of just over 7. NPM is very strong at over 50% in the last 4 quarters. Revenues have been steady although down from its peak during FY08. Cash flows are healthy. Buy, accumulate on dips of 15% and hold for long term gains.