The Indian Real Estate sector, one of the most speculative sector in the growth story and house of cards is severely beaten down on the bourses. All the Realty Stocks have hit a new LOW. They have been making new lows since June-08. The Table below shows Live Stock Prices of Indian Real Estate Stocks. We are presenting complete All Time High and Low Data for your ready reference.
Indian Shareholders Wealth Destroyers:
Ansal Infra – From a High of Rs 550 the stock is now available at Rs 70
Brigade Enter – High of Rs 470, stock is now at Rs 110
DLF – From high of Rs 1,200 stock is available at Rs 380
HDIL – From high of Rs 1,384 stock is available Ex-Bonus at Rs 188
IndiaBulls RealEstate – High of Rs 807, currently at Rs 178
IVR Prime Rs 504 High, Rs 133 now
JaiCorp – RelianceSEZ Spculation Stock – High of Rs 1350 now available at Rs 250
Omaxe Ltd – Rs 500 to Rs 100 [Speculative Realty in Villages surrounding Delhi]
OrbitCorp – Rs 1,000 to Rs Rs 195 [Mumbai Prices Crashing Again ?]
Parsvnath – Rs 525 to Rs 95 [Promoter doesn’t understand the business and wanted to get into Telecom]
Purvankara – Rs 500 to Rs 150 [The Royal Rip off since IPO]
Sobha – Rs 1,000 to Rs 200 [Middle East NRI promoter out of touch on what’s happening in Bangalore]
Unitech – Rs 480 to Rs 115 [Luck doesn’t prevail everytime].
With Home Loan Rates touching a peak, don’t expect revival anytime soon.
End of Indian Realty Party – HSBC