6. Top multibagger Infrastructure and realty script: 'Mitron ka Mitron' and his tryst and obsession with Infrastructure: JKumar Infraprojects & Kolte-Patil

Primafacie, BJP and Infrastructure goes hand in hand just like Congress and Minority development.

Right from Jammu and Kashmir to Andhra Pradesh and from Gujarat to Manipur, infra gets a super boost.

I have 2 names.

1. Kolte-Patil:

CMP: 118.70 Target: 160 (diwali 2017) & 210 (near about Q3 result I.e. Jan/Feb 2018)

Reasons:

• Kolte is a listed company since quite long. It mostly deals in white (almost 90%). The remaining 10% liquid cash is utilitised in various construction work. It had no effect on it's functioning due to Demonitisation.
• After hearing the New Year speech of our beloved PM, Budget Speech of FM, and looking at the pace of SRA development in Bombay, it's very evident that the Governments focus is primarily on Housing especially affordable housing rather than luxury housing. Stamp duty on affordable housing is to be revoked very soon.
• The Government is bound to follow Vision 2020, the mission set by Dr. Apj Abdul kalam. Everyone should be properly accommodated by then.
• Our country's borrowing patterns have changed. Farmers, teachers, lawyers, doctors etc have started relying on NBFCs and Microfinance companies to get their work done. This has positively impacted the housing and realty industry. House loan will drop to as much as 6% this year itself.
• The management is unarguably good. Initially on hearing the name, even I had the impression that this Company would be just another family affair. But it's not, In 2010, the 50-year-old chairman and managing director, Rajesh patil, of kolte Patil shocked an entire industry when he hired Sujay Kalele, a 28-year-old Indian School of Business graduate, promoted him to chief executive officer (CEO) in a couple of years, and then stepped away to let a new team of professionals run the company’s day-to-day operations.
• Rajesh patil was the country’s one of the shrewdest CEO of and he was trained by Ram Charan.
• The company has 33 upcoming projects majorly in pune and also in Hinjewad-Chinchwad region, Bangalore, Goa, Mangalore, Mumbai.
• One can easily co-relate the spur in the property rates of 2nd and 3rd tire cites. While the properties in top cities have already been discounted.
• BJP won it's election in Pune. It will have to stand by its promise. Major Waterways, 6 Metro projects, 2 Waterways and Delhi Mumbai industrial corridor consisting of two SEZs is coming near Pune.
• Kolte Patil has all its project lined up along DCIM , ports, airports and metro stations.
• It is the only listed affordable housing company other than Ashiana. Ashiana already saturated with DII and FII holding. But kolte isn’t. There is no looking back now. It will fly from here.

2. JKumar Infraprojects:

CMP: 243 target: 330 (before diwali) &400 within a year.

Reasons:

• This company was blacklisted by BMC and Delhi Municipality during congress rule for poor quality of roads.
• I don't want to argue wether they were at fault or not. But this news came when the company was it's peak.
• On careful analysis of it's order book, Market Cap and net worth. It is very obvious that the company is worth more than it's current value.
• The blacklisting struck the company real bad.

• To make up for the loss, the company started participating in Pune and Thane Municipality thunders and also ventured into realty and commercial structures.
• The company being very closed to the BJP government at centre got both the bans lifted. It's order book jumped from a meagre 1200 cr to Whooping 18000 cr.
• It also bagged the Metro 2A and Metro 7 projects in Mumbai and internationalcricket stadium and club project.
• The numbers are soaring and so is Institutional investment.

I personally have been investing in this company from 180 levels. I have enlisted my tryst with Kolte Patil in one of the answer.

Comment down your numbers if you have not done so before it gets too late and I start charging for the service.