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#1
19th January 2008, 09:44 PM
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BUY CHD Developers Ltd
BUY CHD Developers Ltd
BSE: CHDDLTD / 526917 (2008-01-19) CMP: 29.25 Target: 40>>60% Promoter and Promoter Group: 66.49% Anagram Industries Ltd holding: 6.62% CHD Developers Limited is the name that got its impression registered through their operations in New Delhi by building Commercial Complexes blessed with name of being Ultra Modern Office Space. In a short span of few years it diversified its areas of interest from just being a construction company to an all round real estate developer. The CHD Developers Limited, under the leadership of Shri R.K.Mittal, Chairman Cum Managing Director, was established in 1990 in response to the growing need for Quality Housing and Commercial Space in 21st Century India specifically Delhi / NCR. Since then, the group has grown to be one of the leading Real Estate Developers of the country, serving the needs of a discerning clientele. Service with pinch of innovation and difference is the mantra that derives our efforts in the developing field of real estate. Its a Public Limited Company has its Shares listed since 1995 on the Bombay Stock Exchange (BSE). There are many real estate development counters listed on the stock exchange but many still remain unknown to investors. CHD Developers is one such unknown realty counter. But recently, investors have taken note of this counter and there is a spurt in the overall trading volumes in this counter. Listed on the BSE, this Delhi-based company has grown over the years from just being a construction company to an all-round real estate developer. Today CHD Developers builds residential townships, residential apartments, commercial complexes and even designs restaurants. Recently, this company acquired Divine Townships, Golden Infracon and Horizon Realtech. These three companies will remain as wholly owned subsidiaries of CHD Developers. 
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#2
21st January 2008, 02:25 AM
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Re: BUY CHD Developers Ltd
good call, definitely very under valued. they are starting to diversify into power and other areas. it seems they are also investing 1000 crores in real estate in bangalore and udaipur
source : livemint (jan 14th)
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