1. I am bullish on the prospects of Noida toll bridge and the said stock has been recommended earlier also.
2. My bullishness for stock stems from the fact that Delhi Noida Bridge is a tolled facility connecting Noida and South Delhi spanning across Yamuna river and is based on Build Own Operate Transfer (BOOT) basis.
3. The company is able to garner income from toll collection and facility of hoardings and traffic level is goijng to increase across the bridge by virtue of enhanced development of NOIDA.
2. My bullishness for stock stems from the fact that Delhi Noida Bridge is a tolled facility connecting Noida and South Delhi spanning across Yamuna river and is based on Build Own Operate Transfer (BOOT) basis.
3. The company is able to garner income from toll collection and facility of hoardings and traffic level is goijng to increase across the bridge by virtue of enhanced development of NOIDA.
4. Further it is developing another 200 acres of land and also a fast link between Mayur Vihar and Noida and same is likely to be completed by mar 2009. Though its Valuation based on EPS of Rs 3.2 and P/E 11 makes stock look expensive but with the scope for infrastructure development and thrust on road developments; future for stock is bright and one can hoard this stock for generations.
