IndiaBulls Lot of action on the counter and still looking strong.

Indiabulls
Both Indiabulls and Indiabulls Real Estate have seen a significant upmove in the recent times, but looking at the financials of both companies, both stocks may see higher valuations in the days to come.

As the real estate market had a bit of slow-down, the market players were expecting the companies to have some effect on their topline, but Indiabulls real estate has shown good numbers and the market might reward this strong performance.

Many analysts and Research houses are positive on both counters and have suggested a buy rating for them. Analyst Abhay Aima is positive on the stock. Prakash Gaba expects the stock to see a further up move of at least 20 % in next two months.

If the markets remain strong, the stock may see good valuations and return in next 2 - 3 months will be quite nice. At the current P/E, both stocks are looking quite promising.

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