BLAL is a proxy Real estate investment...
The company owns 125 Acre in Bangalore, 400 Acre in Mysore, Flats and Apartments in Mumbai, Delhi, Kerala, Goa etc
Currently @160 Rs/share * 4.17cr shares the total value of the company itself is around 667cr
whereas, only the Bangalore land is worth more than 2400cr (20sites/acre * 1200sqft/site * 125acre * 8000Rs/sqft)
Target 1 = 210, Target 2 = 250, Target 3 = 300
The company owns 125 Acre in Bangalore, 400 Acre in Mysore, Flats and Apartments in Mumbai, Delhi, Kerala, Goa etc
Currently @160 Rs/share * 4.17cr shares the total value of the company itself is around 667cr
whereas, only the Bangalore land is worth more than 2400cr (20sites/acre * 1200sqft/site * 125acre * 8000Rs/sqft)
Target 1 = 210, Target 2 = 250, Target 3 = 300